Question 23 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

Question No -23 Chapter no - 7 Unimax Class - 12 Part -II
Question No -23 Chapter no - 7 Unimax Class - 12 Part -II

Question 23 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

From the following information, calculate (1) debt-equity (2) Proprietory ratio

Particulars
Equity share capital 20,00,000
Reserve and surplus 5,00,000
6% debenture 15,00,000
Loan from ICICI 3,00,000
Current liabilities 2,50,000
Fixed assets 30,00,000
Goodwill 3,50,000
Current assets 12,00,000

The solution of Question 23 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

(i) Debt – Equity Ratio  = Long term debts    
  Shareholder fund  
  = 15,00,000 + 3,00,000    
  20,00,000 + 5,00,000  
  = 18,00,000    
    25,00,000    
  = 0.72 : 1 Ans .    
(ii) Proprietary Ratio = (Shareholders’ s Fund)    
  (Total Assets)  

 

  = 20,00,000 +5,00,000 x 100
  30,00,000+3,50,000 +12,00,00  
  = 25,00,000 100
    45,50,000    
  = 54.95% Ans.    

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Accounting Ratios – Meaning and Definition

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

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

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