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Current asset 2200000,working capital 1300000,total debt …

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Current asset 2200000,working capital 1300000,total debt 3900000,shareholder fund 1500000,reserve and surplus 500000 calculate total asset to debt ratio

Posted by Tanvi Sah 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Tanisha Garg 5 years, 2 months ago

Total debt + shareholders fund = total liability Total liability = 3900000+1500000=5400000 Total liability= total assets Working capital = current assets - current liability 1300000= 2200000- current liability Current liability= 900000 Debt = total debt - current liability =3900000-900000= 3000000 Total assets to debt ratio= 5400000/3000000= 1.8:1

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CBSE > Class 12 > Accountancy