What is the main difference between Net Worth and Net Asset
Value ?
- 2 Answers
- 34402 Views
- I also Faced
- E-Mail Answers
Answer Posted / vasuki
Net Worth:
Net worth is a stockholder's equity, it consist of equity
share capital plus reserve and surplus. In other words its
a difference between total assest and total liabilities.
Net Asset:
Calculated as the total assets of a company, minus any intangible assets such as goodwill, patents and trademarks, less all liabilities and the par value of preferred stock. Also known as "net asset value" or "book value".
| Is This Answer Correct ? | 19 Yes | 13 No |
Post New Answer View All Answers
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Explain what does the standard journal entry includes?
professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally
Where do generally accruals appear on the balance sheet?
What is the use of form D in sale tax
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?
how to record the full and final settlement of employee (salary payable,other payable,,....) when he leaves the company ? or how to pass the entry for that ?
Tell me what do we mean by purchase return in accounting?
In which term & condition excise invoice raises & for what excise invoice raise?
Define partitioning in accounting?
What was your most complicated sales cycle in past positions?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
what is loan operations and what are the complete process form from making customer to closure of loan
In the balance sheet, where do you show tds?
how to caluclate tds from emloyees and others
