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please explain net asset computation in detail Q-2 Grven below are the extracts from the balance sheet of Bharat & Sheena Ltd. as at March,

please explain net asset computation in detail
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Q-2 Grven below are the extracts from the balance sheet of Bharat & Sheena Ltd. as at March, 2022: Particulars Equity share capital (shares of Rs 10 each fully paid up) 12%'ref share capital (Shares of Rs 100 each fully paid up) Reserves and surplus debentures GMTESTSERIESCOM Current liabilities Goodwill Fixed tangible assets 10% trade investments Current assets Additional Information: Rs 80.oomo 40.00000 40.oonm 20.00,ooo (i) Profit after tax @ 40%. 2019-2020: Rs 2020-2021: Rs 36,00.000, 2021- 22: Rs 30,00.000 (ii) Trade investments are to be valued at 150% of face value (i.e. Rs 16.00,000) (iii) 60% debentures are to be redeemed prior to valuation of shares. (W) Rate of Income tax- 30% with effect from April, 2022. (v) Normal rate of retum on net assets for equity shareholders is 10% (vi) Goodwill is to be valued at 3 years' purchase of super profits. Required: i) iii) Calculate goodwill Calculate net asset value of an equity share Calculate yield based value of an equity share Calculate the fair value Of an equity share

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