Question #74896
capital at the end of year 2012 was Rs.100 crore and at the end of the year 2013 Rs.110 crore.Depreciation during the year 2013 was Rs.5 crore.calculate Gross investment during 2013
is:-
is:-
Expert's answer
Capital at the end of year 2012 was Rs.100 crore and at the end of the year 2013 Rs.110 crore. Depreciation during the year 2013 was Rs.5 crore. Gross investment during 2013
is: GI = Net investment + Depreciation = (110 - 100) + 5 = Rs. 15.
is: GI = Net investment + Depreciation = (110 - 100) + 5 = Rs. 15.
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