Following is the Balance Sheet of ABC Ltd. as on 31.03.1999. Calculate Return on Investment. Liabilities Rs.
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Following is the Balance Sheet of ABC Ltd. as on 31.03.1999.
Calculate Return on Investment.
Liabilities Rs. Assets Rs.
Equity Share Capital 18,00,000 Fixed Assets 30,00,000 General Reserve 4,00,000 Cash at Bank 1,50,000 12% Debentures 8,00,000 Other Current Assets 15,00,000 Current Liabilities 12,00,000 Preliminary expenses 50,000 Profit for the year 5,00,000 ________ 47,00,000 47,00,000
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