Advertisement Remove all ads

Calculate Total Assets to Debt Ratio from the Following Information: Long-term Debts ₹ 4,00,000; Total Assets ₹ 7,70,000. - Accountancy

Sum

Calculate Total Assets to Debt Ratio from the following information:
Long-term Debts ₹ 4,00,000; total Assets  ₹ 7,70,000.

Advertisement Remove all ads

Solution

Long-term Debts = 4,00,000

Total Assets = 7,70,000

Total Assets to Debt Ratio = `"Total Assets" /"Long term Debts" = 770000/400000 = 1.925 : 1`

  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

TS Grewal Class 12 Accountancy - Analysis of Financial Statements
Chapter 3 Accounting Ratios
Exercise | Q 44 | Page 96
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×