what is the defination of capital income?
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Answer / suresh.chepuri
Money Obtained for the sale of fixed Assets, Issue of Shares
and Debentures, it is shown in the Balance Sheet
| Is This Answer Correct ? | 37 Yes | 3 No |
Capital income means income received from transactions
other than regular business transacitons. For eg: income
received from sale of fixed asset.
| Is This Answer Correct ? | 34 Yes | 0 No |
Answer / khushbu agarwal
Capital income does not arises from ordinary resources. It's
arises from - Sale of assets, sale of shares, contingency gain
& many other irregular business transaction.Capital income
is big part of business income & chargeable high tax also.
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / tirumal reddy
The income which is earned on the capital which is incured
in the process business activity.example:income received
on sale an asset.which is also called long term income.
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / harsh vardhan pandey
Capital Income Is the income received on selling the non trade goods.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / p.vamseekrishna
capital income means, income received from transactions,
capital incomes is big part of bussiness income. or other
than regular bussiness transaction.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / guest
capital income means income earned trought invested
additonal to company.
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / ranjeet kumar
Capital income means income
received from transcation.
| Is This Answer Correct ? | 3 Yes | 7 No |
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Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
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