Thursday 1 October 2009

it helps me a lot!!!!!!!!!!!!!!!!!!!!!!!!!!!!FROM MICA


FORMULA ABOUT BALANCE SHEET

total asset:non-current asset+current asset
total liability:non-current liability+current liability
net asset:total asset-total liability
net value(net asset):non-current assets+working capital(net current asset)-non-current liability
capital employed:net assets+non-current liability
non-current assets+working capital/net current liability
total equity+non-current liability
current assets:inventory+receivables+cash and other cash equivalents
working capital:current asset-current liability
asset employed:net current assets+non-current asset=capital employed

assets=liabilities+equity
annual provision for depreciation=initial costs-residual value/expected lifetime

BALANCE SHEET