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Can anyone help me out in solving this ELECTRICITY COMPANY ACCOUNT sum please鈥?


The following information is extracted from the accounting records of ECT Electricity Supply Ltd, for the financial year ended 31st Mar 03:-
Share capital 60 cr
Fixed Assets (tangible) at cost 116 cr
Accumulated Depreciation 40 cr
Intangible Assets 6 cr
Investments:
Depreciation Reserve Fund 40 cr
Contingencies Reserves 4 cr
Loan from State Electricity Board 10 cr
12% Debentures 20 cr
Tariff and Dividend Control Reserve 6 cr
Net profit after tax 12.2 cr
Customers鈥?security deposits 6 cr
Monthly average of current assets 7 cr
The monthly average of current assets includes Rs.1,00,00,000 due from customers. Investments yield 10% return p.a. the applicable bank rate is 9% pa.
You are required to determine:
i) The Capital base;
ii) The reasonable return;
iii) The disposal profit.

i) 50 crore
ii) 965000
iii)For co. Rs.4825000; Tariff and dividend ctl reserve Rs.7237500; Customers鈥?rebate reserve Rs.7237500

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