Question

Current assets include investments of ₹85000, the market price of which is ₹70000. The market value of1/2 of the fixed assets is considered to 10% more than the book value and that of the remaining 1/2 of the fixed assets is considered at 5% less than book value. Preference dividend is in arrears for 2 years. Find out the value of each of equity share through net assets method.

Answer 1

Answer:

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