1.

From the following Balance Sheet of Global Ltd., you are required to calculate Return on Investment for the year 2018-19: BALANCE SHEET OF GLOBAL LTD. as at 31st March, 2019 Particulars Note No. Amount ₹ I. EQUITY AND LIABILITIES 1. Shareholder's Funds (a) Share Capital–Equity Shares of ₹ 10 each Fully paid 5,00,000 (b) Reserves and Surplus 4,20,000 2. Non-Current Liabilities 15% Long-term Borrowings 16,00,000 3. Current Liabilities 8,00,000 Total 33,20,000 II. ASSETS 1. Non-Current Assets (a) Fixed Assets 16,00,000 (b) Non-Current Investments: (i) 10% Investments 2,00,000 (ii) 10% Non-trade Investments 1,20,000 2. Current Assets 14,00,000 Total 33,20,000 Additional Information: Net Profit before Tax for the year 2018-19 is rs 9,72,000.

Answer»

From the following Balance Sheet of Global Ltd., you are required to calculate Return on Investment for the year 2018-19:































































































BALANCE SHEET OF GLOBAL LTD.



as at 31st March, 2019



Particulars



Note No.



Amount




I. EQUITY AND LIABILITIES

1. Shareholder's Funds



(a) Share Capital–Equity Shares of ₹ 10 each Fully paid





5,00,000



(b) Reserves and Surplus





4,20,000



2. Non-Current Liabilities



15% Long-term Borrowings





16,00,000



3. Current Liabilities





8,00,000



Total





33,20,000


II. ASSETS

1. Non-Current Assets



(a) Fixed Assets





16,00,000



(b) Non-Current Investments:





(i) 10% Investments




2,00,000



(ii) 10% Non-trade Investments




1,20,000



2. Current Assets


14,00,000

Total





33,20,000




Additional Information: Net Profit before Tax for the year 2018-19 is rs 9,72,000.



Discussion

No Comment Found

Related InterviewSolutions