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Monica Ltd. has Quick Ratio of 1.5 : 1. Its Working Capital is ₹ 1,20,000 and its inventories are of ₹ 80,000

Anurag Pathak
August 14, 2023
[CBSE] TS Grewal Solutions, Accounting For Share Capital

3.81K viewsAugust 14, 2023[CBSE] TS Grewal Solutions Accounting For Share Capital

Anurag Pathak27.13K August 14, 2023 0 Comments

Monica Ltd. has Quick Ratio of 1.5 : 1. Its Working Capital is ₹ 1,20,000 and its inventories are of ₹ 80,000. Total Assets of ₹ 3,80,000 and Total Debts of ₹ 2,80,000. Calculate Debt to Equity Ratio.

[Ans.: Debt to Equity Ratio = 2 : 1.]

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Anurag Pathak27.13K Posted August 14, 2023 0 Comments

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