Accountancy, asked by shubhamhote8197, 7 months ago

The tangible assets of the firm are Rs. 14,00,000 and outside liabilities are 4,00,000. Profit of the firm is 1,50,000 and the normal rate of return is 10 %. Calculate capital employed

Answers

Answered by joshiamisha41
18

Explanation:

capital employed = Total asset - Total liabilities

capital employed = 1400000 - 400000

capital employed = 1000000

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