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Is this Comparison is correct.i.e. (10% of A) compared with Rs.1116/-(945+171)
Answers (8)
Pratik Badade
The second equation. They have just taken a subtotal of those 2 items.
Ok, then what it indicates?
Thread Starter
Mahantesh BiradarOk, then what it indicates?
While calculating net owned funds, you will reduce investments made in subsidiary fully. Where as for other investments you will reduce that portion which is in excess of 10% of owned fund.
CA Suraj Lakhotia Admin
While calculating net owned funds, you will reduce investments made in subsidiary fully. Where as for other investments you will reduce that portion which is in excess of 10% of owned fund.
Ok sir, and you mean, above solution is incorrect right? (1st pic solution)
Thread Starter
Mahantesh BiradarOk sir, and you mean, above solution is incorrect right? (1st pic solution)
Yes. Because here investments are in debentures of subsidiaries and not in shares.
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