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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
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