Y Ltd’s profit after interest and tax was ₹ 1,00,000. Its Current Assets were ₹ 4,00,000; Current Liabilities ₹ 2,00,000
Y Ltd’s profit after interest and tax was ₹ 1,00,000. Its Current Assets were ₹ 4,00,000; Current Liabilities ₹ 2,00,000; Fixed Assets ₹ 6,00,000 and 10% Long-term Debt ₹ 4,00,000; The Rate of tax was 20%. Calculate ‘Return on Investment’ of Y Ltd.
[Ans.: Return on Investment = 20.63%.]
Anurag Pathak Changed status to publish August 15, 2023
