If the company has fixed assets of rs 10 lakh current asset of rs 5 lakh current liability of rs 3 lakh, investment of rs 4 lakh and fictitious assets of rs 2 lakh. capital employed will be
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Formula of capital employed
i)capital employed = total Assets - current Liabilities
ii) Capital employed = Total Fixed Assets + Working Capital
Now capital employed =( fixed Assets + Current Assets + Investment + Fictitious assets) - Current Liabilities
Capital employed = 10 + 5+4+2 - 3
= 21-3
= 18 lakh (Answer )
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