Qualification > Commerce
Accounting help ???
ShiningStar:
--- Quote from: Dasith on June 05, 2011, 03:58:09 pm ---dude i think u didnt read the question properly in thsi
they ask return on OPENING CAPITAL , i.e capital @ 2009 , so yea capital @ 2009 was 10000
& the only reserve was retained profit i.e 47 200 as posted by relina :D
--- End quote ---
Ya I Know that it is the opening capital, but my questions is why didn't we add the LOAN???
As I know Capital Empolyed= Loan + Share Capital & Reserves
so what I did was 16000/(42700+10000+5000) ???
~ Miss Relina ~:
--- Quote from: Dasith on June 05, 2011, 03:58:09 pm ---dude i think u didnt read the question properly in thsi
they ask return on OPENING CAPITAL , i.e capital @ 2009 , so yea capital @ 2009 was 10000
& the only reserve was retained profit i.e 47 200 as posted by relina :D
--- End quote ---
ur student ;D
Dasith:
--- Quote from: ShiningStar on June 05, 2011, 04:03:42 pm ---Ya I Know that it is the opening capital, but my questions is why didn't we add the LOAN???
As I know Capital Empolyed= Loan + Share Capital & Reserves
so what I did was 16000/(42700+10000+5000) ???
--- End quote ---
Net assets is Assets - liabilities (according to the latest definition they keep changing it all the time & they expect our definitions in books to change too i think :P thaugh they were bought 2 years b4 :O
its not fixed assets + working capital ( as u might hav thaught )
i think now u got u r ans rite ??
Dasith:
--- Quote from: Relina on June 05, 2011, 04:07:42 pm ---ur student ;D
--- End quote ---
Lmao , lol hehe :D,
ShiningStar:
--- Quote from: Dasith on June 05, 2011, 04:13:07 pm ---Net assets is Assets - liabilities (according to the latest definition they keep changing it all the time & they expect our definitions in books to change too i think :P thaugh they were bought 2 years b4 :O
its not fixed assets + working capital ( as u might hav thaught )
i think now u got u r ans rite ??
--- End quote ---
Oh....So the Capital Employed is just the Share Capital and Reserves Right??
Thank Youu :)
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