Question

38. From the following information, calculate Debt to Equity Ratio:
10,000 Equity Shares of 10 each fully paid
5,000; 9% Preference Shares of 10 each fully paid
General Reserve
Surplus, i.e., Balance in Statement of Profit and Loss
10% Debentures
Current Liabilities

Answer 1

Answer:

68%

Explanation:

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