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