Question : Which of the following statements is not correct?
Option 1: Net Profit before Interest and Tax = Net Profit before Tax + Interest on Long-term Borrowings
Option 2: Current Liabilities = Total Debt - Non-current Liabilities
Option 3: Capital Employed = Net Fixed Assets + Trade Investments - Working Capital
Option 4: Accumulated Depreciation is already adjusted in Net Fixed Assets.
Correct Answer: Capital Employed = Net Fixed Assets + Trade Investments - Working Capital
Solution : Answer = Capital Employed = Net Fixed Assets + Trade Investments - Working Capital
Capital Employed = Net Fixed Assets + Trade Investment + Net Working Capital. Hence, the correct option is 3.
Question : Which of the following statements is false?
Question : Fixed Assets (Gross) RS. 10,00,000; Accumulated Depreciation RS. 5,00,000; Non-Current Investments RS. 50,000; Long-term Loans and Advances RS. 2,00,000; Current Assets RS. 2,50,000; Current Liabilities RS. 10,00,000; Long-term Borrowings RS. 3,25,000; Long-term Provisions RS.
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