Question

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Q. 38. Calculate Total Assets to Debt Ratio from the following:
₹
Capital Employed
60,00,000 Trade Payables
20,00,000 Outstanding Expenses
16,00,000
Share Capital
Reserve and Surplus
8,00,000
40.000
(Ans. 2.85:1]​

Answer 1

Answer:

total assets ÷ Debt equity

total assets = capital employed

- Trade payable - outstanding expenses

or

total assets = 6000000-2000000

-1600000

= 2400000

Debt ratio = share capital

+ Reserve and surplus

or

debt ratio = 800000+40000

total assets ÷ debt ratio

or

2400000÷ 840000 = 2.85

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