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Question No 71 Chapter 7 – UNIMAX Class 12 Part 2 – 2021
71. From the following calculate the shareholders funds
| Current ratio | 2.5 |
| Liquid ratio | 1.5 |
| Proprietary ratio | 0.75 |
| Working capital | ₹ 60,000 |
| Reserve and surplus | ₹ 40,000 |
| Loan funds | ₹ 10,000 |
| Current ratio | = | current assets | = | 2.5 |
| current liabilities | 1 |
| let current assets | = | 2.5 x |
| let current liabilities | = | 1x |
| working capital | = | current assets – current liabilities |
| 60,000 | = | 2.5x – 1x |
| 60,000 | = | 1.5x |
| x | = | 60,000 | = | ₹40,000 |
| 1.5 |
| Proprietory Ratio | = | Shareholder's Fund | = | 0.8 |
| Total assets | 1 |
| Let shareholders fund | = | 0.8 x |
| Let total assets | = | 1 x |
| As total assets | = | total liabilities |
| Total assets | = | shareholders fund + total debts |
| 1x – 0.8x | = | 50,000 |
| 0.2x | = | 50,000 |
| x | = | 50,000 |
| 0.2 | ||
| = | ₹2,50,000 |
| Proprietary ratio | = | Shareholders Fund |
| Total assets |
| = | S.F. | |
| 2,50,000 | ||
| Shareholder’s fund | = | ₹ 2,00,000 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.
This guide covers "Question No 71 Chapter 7 – UNIMAX Class 12 Part 2 – 2021", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 12 Part 2 - 2023.
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