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Net profit for interest and tax …

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Net profit for interest and tax 4,00,000,15%long term debt 8,00,000,shareholders funds 4,00,000.calculate return on investment

Posted by Geeta Sorout 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Geeta Sorout 5 years, 3 months ago

Net profit for interest and tax =₹4,00,000 .capital employed =15%long term investment +shareholders fund that is, ₹8,00,000+₹4,00,000=₹12,00,000.return on investment =net profit for interest and tax ÷capital employed ×100=₹4,00,000÷12,00,000×100=33.33%

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