Compute return on capital employed from the following details
Net Profit after tax
* 43,000
Rate of Income tax
14% Debentures
1,00,000
Share Capital
2,50,000
Profit and Loss Account
* 1,58,000
Loss on Issue of Debentures
8,000
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Answered by
3
Answer:
Return on Capital Employed = Net Profit before Interest and TaxCapital Employed×100
=Rs. 2,00,000Rs. 6,40,000×100=31.25%.
Net Profit after Interest but before Tax = Rs. 1,40,000
Interest = 15% of Rs. 4,00,000 = Rs. 60,000
Net Profit before Interest and Tax = Rs. 1,40,000 + Rs. 60,000 = Rs. 2,00,000
= Rs. 4,00,000 + Rs. 2,40,000 = Rs. 6,40,000.
Answered by
1
Answer:-
The Solar System is the gravitationally bound system of the Sun and the objects that orbit it, either directly or indirectly. Of the objects that orbit the Sun directly, the largest are the eight planets, with the remainder being smaller objects, the dwarf planets and small Solar System bodies.
Refer to the attachment.
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