Calculate Debt to Equity Ratio from the following information: Property, Plant and Equipment (Gross) 8,40,000
Calculate Debt to Equity Ratio from the following information:
Property, Plant and Equipment (Gross) | 8,40,000 |
Accumulated Depreciation | 1,40,000 |
Non-Current Investments | 14,000 |
Long-term Loans and Advances | 56,000 |
Current Assets | 3,50,000 |
Current Liabilities | 2,80,000 |
10% Long term Borrowings | 4,20,000 |
Long-term Provisions | 1,40,000 |
[Ans.: Debt to Equity Ratio = 2 : 1.]
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