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From the following information, compute Debt to Total Assets Ratio:

  ₹   ₹

Total Debt

Sundry Creditors

Bills Payable

Expenses Payable

15,00,000

4,00,000

50,000

10,000

Short-term Loan

Total Assets

Surplus, i.e., Balance in Statement of Profit & Loss (Debit)

1,00,000

20,00,000

40,000
[Hint: Long-term Debt = Total Debt – Sundry Creditors – Bills Payable – Expenses Payable – Short-term Loan.]

Anurag Pathak Changed status to publish March 12, 2024
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