Calculate Debt to Total Assets Ratio from the following Shareholder’s Funds ₹ 24,00,000; Total Debt ₹ 20,00,000

Calculate Debt to Total Assets Ratio from the following:

Shareholder’s Funds ₹ 24,00,000; Total Debt ₹ 20,00,000; Short-term Borrowings ₹ 4,00,000 and other Current Liabilities ₹ 4,00,000.

[Hints: 1. Long-term Debt = Total Debt – Short-term Borrowings – Other Current Liabilities.

2. Total Assets = Shareholder’s Funds + Total Debts.]