Q. 38. Calculate Total Assets to Debt Ratio from the following:
₹
Capital Employed 60,00,000
Share Capital 20,00,000
Reserve and Surplus 16,00,000
Trade Payables 8,00,000
Outstanding Expenses 40,000
Answers
Answered by
2
Answer:
total assets to debt ratio = total assets/debt
= 72,00,000/24,00,000
= 3:1
debt = capital employed - equity
= 60,00,000 - (20,00,000+16,00,000)
= 24,00,000
total assets = (60,00,000 + 12,00,000) = 72,00,000
Similar questions