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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

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

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From the following information, calculation total assets to debt ratio:

Particulars
Equity share capital10,00,000
General reserve2,00,000
10% debenture3,60,000
Sales for the year14,50,000
Tax paid during the year2,75,000
Profit after tax and interest2,40,000

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.  
     

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