From the following information, Calculate Debt to Equity Ratio:
From the following information, Calculate Debt to Equity Ratio:
10,000 Equity Shares of ₹ 10 each fully paid | 2,00,000 |
5,000; 9% Preference Shares of ₹ 10 each fully paid | 1,00,000 |
General Reserve | 90,000 |
Surplus, i.e., Balance in Statement of Profit & Loss | 40,000 |
10% Debentures | 1,50,000 |
Current Liabilities | 1,00,000 |
[Ans.: Debt to Equity Ratio = 0.35 : 1.]
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