Accountancy, asked by vaani2995, 5 months ago

Calculate Proprietary ratio from the following:

Fixed assets 1280000
current assets 720000
8% Debentures 560000
10% Mortgage loan 330000
Bank overdraft 220000
trade payables 190000

Answer: 0.65:1

Answers

Answered by ramisettisrini5

0

Answer:

0.65:1

Explanation:

fixed assets 1280000

current assets 720000

8% debenture 560000

10% mortgage loan 330000

bank over draft 220000

trade payables 19000

ans:0.65:1

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