Question 24 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
24. From the following information calculate shareholders funds :
| Particulars | ₹ |
| Current ratio | 2.5 |
| Liquid ratio | 1.5 |
| Proprietary ratio | 0.75 |
| Working capital | 60,000 |
| Reserve and surplus | 40,000 |
| Loan fund | 10,000 |
The solution of Question 24 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| Proprietary Ratio | = | Shareholders’ s Fund | x | 1000 |
| Total Assets |
| Working capital | = CA-CL |
| 60,000 | = 2.5x- 1x |
| 60,000 | = 1.5x |
| Current Ratio | = | Current assets | ||
| Current Liabilities |
| 2 : 1 | = | Current assets | |||
| 1 | Current Liabilities | ||||
| Let current assets | = | 2.5x | |||
| Current liabilities | = | 1x |
Or.
| 1.5x = | = | 60,000 | ||
| X | = | 60,000 | ||
| 1.5 | ||||
| = | 40,000 | |||
| CL | = | 1 x 40,000 = 40,000 | ||
| CA | = | 2.5 x 40,000 = 1,00,000 |
| Proprietary Ratio | = | Shareholders’ Funds | ||
| (Total Assets) | ||||
| Let share holder fund | = | .75y | ||
| T.A | = | 1y | ||
| T.A-S.F | = | Total debts | ||
| 1y -7.5 | = | 10,000 + 40,000 | ||
| .25y | = | 50,000 |
| = | 50,000 | x | 100 | |
| Y | 25 | |||
| T.A | = | 2,00,000 | ||
| Or. | ||||
| Share holder fund | = | .75 x 2,00,000 | ||
| =1,50,000 Ans. |
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Accounting Ratios – Meaning and Definition
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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