From the following information, Calculate Proprietary Ratio:
From the following information, Calculate Proprietary Ratio:
Equity Share Capital | 3,00,000 |
Preference Share Capital | 1,50,000 |
Reserves and Surplus | 75,000 |
Debentures | 1,80,000 |
Trade Payables | 45,000 |
Total | 7,50,000 |
Property, Plant and Equipment | 3,75,000 |
Short-term Investments | 2,25,000 |
Other Current Assets | 1,50,000 |
Total | 7,50,000 |
[Ans.: Proprietary Ratio = 0.70 : 1 or 70%.]
Anurag Pathak Changed status to publish August 14, 2023