CA Student
15932 Points
Joined May 2011
| Originally posted by : jitin kumar tyagi |
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how to calculate return on equity in electricity chapter as per new syllabus of ipcc.... |
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Calculation of return on equity = average capital cost x .30 x 14%
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Calculation of average capital cost:
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Opening balance of capital cost (A) + New capital cost incurred during the year = Closing capital cost (B)
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Average capital cost = (A+B) / 2
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-> Parveen Sharma Classes snapshots attached herewith.