Calculate total assets to debt ratio from the following information long term debts 4,00,000 total assets 7,00,000
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Total assets to debt ratio = 7,00,000/4,00,000 = 1.75/1
= 1.75:1.
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Total assets to Debt ratio = 1.75
Explanation:
Given:
Long term debts = 4,000,000
Total assets = 7,000,000
Total assets to Debt ratio = ?
Computation of Total assets to Debt ratio:
Total assets to Debt ratio = Total assets / Long term debts
Total assets to Debt ratio = 7,000,000 / 4,000,000
Total assets to Debt ratio = 1.75
Therefore 1.75 is Total assets to Debt ratio.
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