Accountancy, asked by abinash1091, 9 months ago

Cal debt to Eq ratio when total asset is 35000 Total debt is 25000 and current liability is 8000

Answers

Answered by riyasahay6666
0

Answer:

Debt Equity Ratio =1.7:1

Explanation:

Long term debt=Total debt- Current liability = 25000-8000=17000.

Equity=Total Assets-Total Debt= 35000- 25000=10000.

Debt to Equity Ratio = Long term debt / equity=

17000/10000=1.7:1. Ans.

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