Question

solved it please...​

Answer 1

Answer:

Long term debt = 0.96 : 1

Explanation:

Long term debt =

Total debt - Current Liabilities.

₹3,00,000 - ₹70,000

₹2,30,000

Shareholder's fund =

Total Assets - Total debt.

₹5,40,000 - ₹3,00,000

₹2,40,000

Debt to Equity ratio =

Long term debt/Shareholder's fund

₹2,30,000/₹2,40,000

0.96 : 1 (Approx)

I hope that it will help.

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