Advertisement

Question 22 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -22 Chapter no - 7 Unimax Class - 12 Part -II
Question No -22 Chapter no - 7 Unimax Class - 12 Part -II

Advertisement

Question 22 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

Advertisement

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

The solution of Question 22 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

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.    
         

Thanks, Please Like and share with your friends  

Comment if you have any Doubts.

Accounting Ratios – Meaning and Definition

Advertisement-X

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

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

Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication

 

 

 

 

 

 

 

Advertisement-X

 

Advertisement

error: Content is protected !!