The cost of plant is Rs 600000 with working capital requirement is Rs 100000. The expected life of plant is 3 years and scrap value likely to be 10%. It is expected to yield annual profit of Rs 56000, Rs 70000, Rs 48000 over this period. Compute the accounting rate of return assuming 30% tax and straight line method of depreciation.
Answers
Answered by
1
Explanation:
568000 the courret Answer
Similar questions