Tangible Assets of the firm are ₹ 1,40,000 and outside liabilities are ₹ 4,00,000. Profit of the firm is ₹ 1,50,000 and normal rate of return is 10%. The amount of capital employed will be
Tangible Assets of the firm are ₹ 1,40,000 and outside liabilities are ₹ 4,00,000. Profit of the firm is ₹ 1,50,000 and normal rate of return is 10%. The amount of capital employed will be
a) ₹ 10,00,000
b) ₹ 1,00,000
c) ₹ 50,000
d) ₹ 20,000
Anurag Pathak Changed status to publish April 17, 2023
Ans – a)
Explanation:-
Capital Employed = Tangible Assets – Outside Liabilities
Capital Employed = ₹ 14,00,000 – ₹ 4,00,000
Capital Employed = ₹ 10,00,000
Anurag Pathak Changed status to publish April 17, 2023
