
Question No 22 Chapter 7 – UNIMAX Class 12 Part 2 – 2021
From the following information, calculation total assets to debt ratio:
| Particulars | ₹ |
| Equity share capital | 10,00,000 |
| General reserve | 2,00,000 |
| 10% debenture | 3,60,000 |
| Sales for the year | 14,50,000 |
| Tax paid during the year | 2,75,000 |
| Profit after tax and interest | 2,40,000 |
| As assets | = liabilities |
| T. assets | = 10,00,000 + 2,00,000 + 3,60,000 + 2,40,000 |
| = ₹ 18,00,000 |
| = | Total assets | |
| Long term debts |
| = | 18,00,000 | |
| 3,60,000 | ||
| = | 5 : 1 Ans. |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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