Advertisements
Advertisements
प्रश्न
From the following information, calculate ‘Return on Investment’:
| Shareholders Funds | ₹ 16,00,000 |
| 10% Debentures | ₹ 8,00,000 |
| Current Liabilities | ₹ 2,00,000 |
| Current Assets | ₹ 5,00,000 |
| Non-current Assets | ₹ 21,00,000 |
Net profit after tax was ₹ 3,00,000, and the tax amounted to ₹ 1,00,000.
संख्यात्मक
Advertisements
उत्तर
Capital employed = Shareholder’s funds + Debentures
= ₹ 16,00,000 + ₹ 8,00,000
= ₹ 24,00,000
Net profit before interest, tax and dividend = Net profit after tax + Tax
= ₹ 3,00,000 + ₹ 1,00,000
= ₹ 4,00,000
Interest Expense:
$$\text{Interest on 10\% Debentures} = ₹ 8,00,000 \times \frac{10}{100} = ₹ 80,000$$
Net Profit before Interest and Tax (EBIT):
$$\text{EBIT} = \text{Net Profit before Tax} + \text{Interest Expense}$$
$$ = ₹ 4,00,000 + ₹ 80,000$$
$$ = ₹ 4,80,000$$
Return on investment = `"Net profit before interest, tax and dividend"/"Capital employed" xx 100`
= `(4,80,000)/(24,00,000) xx 100`
= 20%
shaalaa.com
Notes
The Return on Investment (ROI) is 20%.
Given Data:
- Shareholders’ Funds: ₹ 16,00,000
- 10% Debentures: ₹ 8,00,000
- Current Liabilities: ₹ 2,00,000
- Current Assets: ₹ 5,00,000
- Non-Current Assets: ₹ 21,00,000
- Net Profit after Tax: ₹ 3,00,000
- Tax Amount: ₹ 1,00,000
Calculation of Capital Employed:
Using the Liabilities side approach:
$$\text{Capital Employed} = \text{Shareholders’ Funds} + \text{Long-term Debt (10\% Debentures)}$$
$$\text{Capital Employed} = ₹ 16,00,000 + ₹ 8,00,000$$
$$\mathbf{\text{Capital Employed} = ₹ 24,00,000}$$
$$\text{Capital Employed} = \text{Shareholders’ Funds} + \text{Long-term Debt (10\% Debentures)}$$
$$\text{Capital Employed} = ₹ 16,00,000 + ₹ 8,00,000$$
$$\mathbf{\text{Capital Employed} = ₹ 24,00,000}$$
Calculation of Net Profit before Interest and Tax (EBIT):
- Net Profit before Tax:
$$\text{Net Profit before Tax} = \text{Net Profit after Tax} + \text{Tax}$$
$$\text{Net Profit before Tax} = ₹ 3,00,000 + ₹ 1,00,000 = ₹ 4,00,000$$ - Interest Expense:
$$\text{Interest on 10\% Debentures} = ₹ 8,00,000 \times \frac{10}{100} = ₹ 80,000$$ - Net Profit before Interest and Tax (EBIT):
$$\text{EBIT} = \text{Net Profit before Tax} + \text{Interest Expense}$$
$$\text{EBIT} = ₹ 4,00,000 + ₹ 80,000$$
$$\mathbf{\text{EBIT} = ₹ 4,80,000}$$
$$\text{Return on Investment} = \left( \frac{\text{Net Profit before Interest and Tax (EBIT)}}{\text{Capital Employed}} \right) \times 100$$
$$\text{Return on Investment} = \left( \frac{4,80,000}{24,00,000} \right) \times 100 = 20\%$$
$$\text{Return on Investment} = \left( \frac{4,80,000}{24,00,000} \right) \times 100 = 20\%$$
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
