Shobha Ltd. furnishes the following information fixed assets 5,85,000; current assets 4,00,000; current liabilities 3,85,000. Find out capital employeed
Answers
Answered by
0
Answer:
6,00,000
Step-by-step explanation:
Capital Employed = Total Assets - Total Liabilities (In this case only Current Liabilities are given)
= (5,85,000 + 4,00,000) - 3,85,000
= 9,85000 - 3,85,000
= 6,00,000
Answered by
0
Answer:
Hope it helps!! Mark this answer as brainliest if u found it useful and follow me for quick and accurate answers...
we know that
current assets = capital employed + current liabilities - fixed assets
therefore,
therefore,
therefore,
Similar questions