Advertisement

# Question 17 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -17 Chapter no - 7 Unimax Class - 12 Part -II

Advertisement

Question 17 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

Advertisement

From the following information calculation the debt-equity ratio and the current ratio:

 Particulars ₹ Debenture 1,40,000 Long Term Loans 70,000 Bank balance 30,000 Debtors 70,000 General reserve 40,000 Creditors 66,000 Share capital 1,20,000 Bills payable 14,000

## The solution of Question 17 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

 (i) Debt – Equity Ratio = = Long term debts Shareholder fund
 = 1,40,000 + 70,000 40,000 +1,20,000
 = 2,10,000 1,60,000 = 1.31 : 1  Ans..
 (ii) Current Ratio = = Current Assets Current Liabilities
 = 30,000 + 70,000 66,000 = 14,000
 = 2,10,000 1,60,000 = 1 .25 : 1 or 5 : 4 Ans.

Thanks, Please Like and share with your friends

Comment if you have any Doubts.

Accounting Ratios – Meaning and Definition

Advertisement-X

Advertisement-Y

## Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

Advertisement-X

Advertisement

error: Content is protected !!