Question
Calculate Rate on Return on Capital
Employed: 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
= EBIT/ Capital employed X 100 = 9,00,000 / 25,80,000 X 100 = 34.88% CE = Eq Sh. Cap. + Pref. Sh. Cap. + Reserves & Surplus + Debenture + Long Term Loan – Fictitious Assets CE = 10,00,000 + 4,00,000 + 7,00,000 + 5,00,000 – 20,000 = 25,80,000
Which country created the new world record for the World’s fastest Internet speed?
Which asset management company launched India's first Defence Index Fund?
Kanger Valley National Park, which was seen in the news, is in which state?
In the women’s light-fly 48kg-50kg boxing category Nikhat Zareen has clinched the _____medal in the Commonwealth Games, Birmingham?
ADB has provided a USD 100 million loan to which state government for improving urban services and tourism facilities & improving urban governance and f...
Which author won the Sahitya Akademi Yuva Puraskar for her memoir "Homeless: Growing up Lesbian and Dyslexic in India"?
Where did the multinational military exercise 'Shanti Prayas IV' take place?
Who led the English Army in the Battle of Buxar?
When is the scheduled period for the 46th session of the UNESCO World Heritage Committee in New Delhi?
SDF stand for