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Networth calculation

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(Querist)
21 October 2009 Preference share will be considered in Net worth canculation on not.
1) Net worth= Equity Share +Pre.-Share+ Reserve
"OR"
2) Net worth = Equity Share+ Res & surplus.
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Sreedhar Atchutuni ACA,GradCWA

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Sreedhar Atchutuni ACA,GradCWA (Expert)
21 October 2009 Networth:
Equity Share Capital + Reserves + Preference Capital - Miscellaneous Expenditure.

It is the total assets of the company less its current liabilities, long term debt, and miscellaneous expenses. Net worth is also known as shareholder's equity or shareholders funds.
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
21 October 2009 Agree with Expert
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