Vatsalya Bhardwaj (Final Student) (427 Points)
09 December 2009|
please solve the following question:
From the informations given below calculate the amount of Fixed assets and |
|
Proprietor's fund. |
Ratio of fixed assets to proprietors fund = 0.75
CA AYUSH AGRAWAL
(Kolkata-Pune-Mumbai)
(26986 Points)
Replied 09 December 2009
in Need of One Another Figure.
U Should Provide Prop. Fund or Fixed Asset Figure.
Vatsalya Bhardwaj
(Final Student)
(427 Points)
Replied 09 December 2009
| Originally posted by :praveen | ||
| " | whoa!!! nothing else..... | " |
yes nothing else is given, this is question from cost fm nov 09 exam.
Vatsalya Bhardwaj
(Final Student)
(427 Points)
Replied 09 December 2009
sorry one more figure is given
net working capital=6lac
now solve the question
Aravind..
(CA)
(1262 Points)
Replied 09 December 2009
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 10 December 2009
Aravind is correct the solution is detailed below
Fixed Asset /Prop Fund =0.75/1
FA =0.75PROP Fund
FA = 0.75(FA +NETWC)
FA=0.75FA+450000
0.25FA=450000
FA=450000/0.25=1800000
prop fund =FA +WC
=1800000+600000
=2400000
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