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The cost of the proposed project of Shalom Cooling Devices Ltd . is firmed up at ` 1 2 5 0 . 0 0 lakhs
The cost of the proposed project of Shalom Cooling Devices Ltd is firmed up at lakhs as follows: in lakh A Capital cost: Land & Site Development Building Plant & Machinery Misc. Fixed Assets Preliminary Expenses Preoperative Expenses Contingency Margin B Margin Money for Working Capital C Total Cost Chapter The Process of Projected Financial Statements The proposed means of finance for the project are firmed up as follows: Equity Share Capital: Promoters Others Term Loan Total Further information: Projected sales and profit: Sales Realization in lakh in lakh Profit before noncash charges The depreciation rates under the SLM for company law purposes are as follows: Building Plant and Machinery Misc. Fixed Assets The depreciation rates for income tax purposes under the WDV method are as follows: Building Plant and Machinery Misc. Fixed Assets Preliminary expenses have to be written off over years equally. Income tax provision is to be made @ Dividend is to be paid @ in the st year. To be increased by every year. Dividend tax applicable Required: Prepare for years the following projected statements: Fixed Asset Valuation for Depreciation Purposes SLM Depreciation as per Company Law Depreciation as per Income Tax Act WDV Provision for Income Tax Dividend Inclusive of Dividend Tax Projected Profitability Estimates
The cost of the proposed project of Shalom Cooling Devices Ltd is firmed up at
lakhs as follows:
in lakh
A Capital cost:
Land & Site Development
Building
Plant & Machinery
Misc. Fixed Assets
Preliminary Expenses
Preoperative Expenses
Contingency Margin
B Margin Money for Working Capital
C Total Cost
Chapter The Process of Projected Financial Statements
The proposed means of finance for the project are firmed up as follows:
Equity Share Capital:
Promoters
Others
Term Loan
Total
Further information:
Projected sales and profit:
Sales Realization
in lakh
in lakh
Profit before noncash charges
The depreciation rates under the SLM for company law purposes are as follows:
Building
Plant and Machinery
Misc. Fixed Assets
The depreciation rates for income tax purposes under the WDV method are as
follows:
Building
Plant and Machinery
Misc. Fixed Assets
Preliminary expenses have to be written off over years equally.
Income tax provision is to be made @
Dividend is to be paid @ in the st year. To be increased by every year.
Dividend tax applicable
Required:
Prepare for years the following projected statements:
Fixed Asset Valuation for Depreciation Purposes
SLM Depreciation as per Company Law
Depreciation as per Income Tax Act WDV
Provision for Income Tax
Dividend Inclusive of Dividend Tax
Projected Profitability Estimates
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