Question 71 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
71. From the following calculate the shareholders funds
| Current ratio | 2.5 |
| Liquid ratio | 1.5 |
| Proprietary ratio | 0.75 |
| Working capital | ₹ 60,000 |
| Reserve and surplus | ₹ 40,000 |
| Loan funds | ₹ 10,000 |
The solution of Question 71 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| Current ratio | = | current assets | = | 2.5 |
| current liabilities | 1 |
| let current assets | = | 2.5 x |
| let current liabilities | = | 1x |
| working capital | = | current assets – current liabilities |
| 60,000 | = | 2.5x – 1x |
| 60,000 | = | 1.5x |
| x | = | 60,000 | = | ₹40,000 |
| 1.5 |
| Proprietory Ratio | = | Shareholder’s Fund | = | 0.8 |
| Total assets | 1 |
| Let shareholders fund | = | 0.8 x |
| Let total assets | = | 1 x |
| As total assets | = | total liabilities |
| Total assets | = | shareholders fund + total debts |
| 1x – 0.8x | = | 50,000 |
| 0.2x | = | 50,000 |
| x | = | 50,000 |
| 0.2 | ||
| = | ₹2,50,000 |
| Proprietary ratio | = | Shareholders Fund |
| Total assets |
| = | S.F. | |
| 2,50,000 | ||
| Shareholder’s fund | = | ₹ 2,00,000 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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