Accountancy, asked by ujjwalprajapati7754, 7 months ago

the debt equity ratio of company is 2:1 . state , giving reason,if. issue of shares of $ 600000 will increase , decrease or not affect the ratio​

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Answered by Anonymous
0

Answer:

1,20,000 Equity shares of ₹ 10 each - ₹ 12,00,000; General Reserves - ₹ 3,50,000; Securities Premium - ₹ 70,000; The Company decided to buyback of 25% of the Equity share capital at ₹ 12 per share.

hope it helps you.

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