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