i want solutions of 22,23 question guyz pls solve it fast. dont spam pls guyz
Attachments:
Answers
Answered by
1
22.
Shareholders fund = Equity share capital + General Reserve + P & L a/c - discount on issue of share.
= (10,00,000 + 2,00,000 + 2,40,000 + 3,60,000
= 1800000
Debt Ratio = 3,60,000.
Then,
Total Assets to Debt ratio = 1800000/360000 = 5/1 = 5 : 1.
23.
Debt Equity ratio = Debts/Equity
Debts = 6% Debentures + Loan = 1500000 + 300000 = 1800000
Equity = 2400000
Debt Equity ratio = 1800000/2400000 = 0.75 : 1
Hope it helps!
Similar questions