CBSE BOARD XII, asked by shaxp, 19 days ago

Calculate Proprietory ratio from the following balances extracted from the books of X Ltd: Share Capital ₹ 4,80,000 Reserves and Surplus ₹ 2,80,000 15% Mortgage Loan ₹ 3,20,000 Trade Payables ₹ 2,40,000 Bank Overdraft ₹ 1,20,000​

Answers

Answered by AdityaSingh66666
0

Answer:

The proprietary ratio is expressed in the form of a percentage and is calculated by dividing the shareholders equity with the total assets of the business

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