How to value Tangible Assets?

Basic Formula to calculate Tangible Assets = Total Assets- Intangible Assets

OR

Tangible Assets= Fixed Assets+ Current Assets

Example:

The following figures are observed from the balance sheet of GFG Pvt Ltd. You are required to calculate the value of tangible assets.

Solution:

Tangible Assets = Total Fixed Assets + Current Assets 

= Machinery + Plant + Building + Furniture + Vehicles + Cash + Inventory

= 5,00,000+ 2,50,000 + 12,00,000 + 1,75,000+ 3,33,000 + 80,000 + 3,15,600 = 28,53,600

Tangible Assets | Concept, Types and Features

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