Question

Q. 42. Calculate Proprietary ratio from the following:
₹
Fixed Assets
Current Assets
8% Debentures
10% Mortgage Loan
Bank Overdraft
Trade Payables
12,80,000
7,20,000
5,60,000
3,30,000
2,20,000
1,90,000
ns. Proprietary Ratio : 0.65]​

Answer 1

Answer:

Cost of Goods Sold = Opening Stock + Purchases + Carriage Inwards − Closing Stock

= 20,000 + 50,000 + 5,000 − 10,000 = 65,000

Answer 2

Explanation:

Long-term debt = Total external liabilities - current liabilities

= Rs. 5,00,000 - Rs. 1,00,000

= Rs. 4,00,000

Total non-fictitious assets = Total assets - Fictitious assets

= Rs. 10,10,000 - Rs. 10,000

= Rs. 10,00,000

Shareholders funds = Non-fictitious total assets - Total liabilities

= Rs. 10,00,000 - Rs. 5,00,000

= Rs. 5,00,000

Net assets = Total non-fictitious assets - Current liabilities

= Rs. 10,00,000 - Rs. 1,00,000

= Rs. 9,00,000

Proprietary ratio = Shareholders funds/ Capital employed

= Rs. 5,00,000/Rs. 9,00,000

= 0.556

Answered By

toppr

please mark as brainlist please