A project require an investment of `5,00,000, yields profit after tax and depreciation as follows: Years Profit

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A project require an investment of `5,00,000, yields profit after tax and depreciation as follows:

Years Profit After Tax and Depreciation 1 25,000 2 37,500 3 62,500 4 65,000 5 40,000 2,30,000 At the end of 5 years, the plant and machinery of the project can be sold for `40,000. Compute the accounting rate of return

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Financial Management

ISBN: 9789352605606

1st Edition

Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana

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