From the following list of formulae in the context of the balance sheet, which one is correct?
All of the above
Capital Employed = Equity Share Capital + Reserves & Surplus - Fictitious Assets + Preference Shares + Loans/debentures
Shareholder’s Fund (Equity) = Equity Share Capital + Reserves & Surplus - Fictitious Assets + Preference Shares
Equity Fund = Equity Share Capital + Reserves & Surplus - Fictitious Assets
Boost your performance with adaptive practice tests
Practice every concept in the syllabus
Compare your speed and accuracy with your peers
Download the app and practice on the go