Question
Calculate Rate of Return on Shareholders'
Funds Refer the following summarized Balance Sheet & P&L of AB Ltd. as on 31 ‐ 3 ‐ 2022. Summarized Profit and Loss Account is as under for the year ending on 31 ‐ 3 ‐ '04: Rs. Sales (25% Cash sales) 80,00,000 Less: Cost of goods sold 56,00,000 Gross Profit 24,00,000 Net profit (Before interest and tax 50%) 9,00,000 Calculate the following ratios:Solution
Rate of Return on Shareholders Fund = PAT / SHF X 100 = 4,12,500 / 20,80,000 X 100 = 19.83% SHF = Eq. Sh. Cap. + Pref. Sh. Cap. + Reserves & Surplus – Fictitious Assets SHF = 10,00,000 + 4,00,000 + 7,00,000 ‐ 20,000 = 20,80,000
Which Offshore Patrol Vessel was recently commissioned at Goa by Indian coast guard?
Winzo has collaborated with several educational institutes, including Indian Institutes of Technology (IITs), Stanford University and California State U...
A cable-stayed bridge in the Reasi district of Jammu and Kashmir will be completed by December this year. It is built over the which of the river?
Prime Minister Narendra Modi is set to receive Dominica's highest honor for his contributions to:
What is the primary focus of the Memorandum of Understanding (MoU) signed between NITI Aayog and UNDP India recently?
- Who launched the book "Sanskriti Ka Panchva Adhyay" in New Delhi?
What is the Namo Bharat corridor inaugurated by Prime Minister Modi part of?
When did India and New Zealand announce the launch of Free Trade Agreement negotiations?
Recently the government has monetised assets worth Rs 33,422 crore under the National Monetisation Pipeline (NMP) in 2022-23, which ministry is leading ...
What was a significant factor in the UNESCO World Heritage Committee's decision to register Japan's Sado gold mine as a cultural heritage site?
