King Ltd. has Current Ratio of 2.5 : 1. Its Working Capital is ₹ 1,20,000. Total Assets are of ₹ 3,80,000 and Total Debt of ₹ 2,80,000. Calculate Debt to Equity Ratio.
King Ltd. has Current Ratio of 2.5 : 1. Its Working Capital is ₹ 1,20,000. Total Assets are of ₹ 3,80,000 and Total Debt of ₹ 2,80,000. Calculate Debt to Equity Ratio.
[Ans.: Debt to Equity Ratio = 2 : 1.]
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