14 June 2013
Proposed dividends & provision for tax have to be added if the profit taken is a profit in nature of appropriation ones. To find net profit, adjust for all non operating items, non cash items.
If in case you are taking profit before appropriations then the same is not to be adjusted.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
15 June 2013
thank u sir but can you tell me the amounts that will be added in net profit in nature of appropriation??