05 April 2009
NO IT IS NOT RIGHT RIGHT FORMULAE AS UNDER NET WORTH = SHARE CAPITAL + RESERVES AND SURPLUS + ACCUMULATED PROFIT LESS FICTITIOUS ASSETS i.e., MISCELLANEOUS EXPENDITURE STILL TO BE WRITTEN OFF
FOR RATIOS YOU CAN REFER FINANCIAL MANAGEMENT BY PARESH SHAH (WILEY-BIZTANTRA) Prof. (Dr.) Paresh Shah, F.I.C.W.A., Ph.D.(Finance), F.D.P. (IIMA). DIRECTOR, FENIL INSTITUTE, ACCREDITED MANAGEMENT TEACHER 201, Klassik avenue, Near stadium petrol pump, Swati society road, Navrangpura, Ahmedabad 380 014. Gujarat (INDIA) Phone. 079-26449187 Cell: 98243-58505 website: www.fenilinstitute.org
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