Calculate ‘Total Assets to Debt Ratio’ from the following information:
Calculate Total Assets to Debt Ratio’ from the following information:
Equity Share Capital | 4,00,000 |
Long-term Borrowings | 1,80,000 |
Surplus, i.e., Balance in Statement of Profit & Loss | 1,00,000 |
General Reserve | 70,000 |
Current Liabilities | 30,000 |
Long-term Provisions | 1,20,000 |
[Ans: Total Assets to Debt Ratio = 3 : 1.]
Anurag Pathak Changed status to publish August 14, 2023