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Debt to Capital Employed ratio is 0.3:1. State whether the following transaction and give reason. Purchased Goods on Credit for ₹ 1,00,000 for a credit of 15 months. - Accountancy

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Question

Debt to Capital Employed ratio is 0.3:1. State whether the following transaction, will improve, decline or will have no change on the Debt to Capital Employed Ratio. Also give a reason for the same.

Purchased Goods on Credit for ₹ 1,00,000 for a credit of 15 months, assuming operating cycle is of 18 months.

Options

  • Ratio will improve.

  • Ratio will decline.

  • Ratio has no change.

MCQ
One Line Answer
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Solution

Ratio has no change.

Reason – Both Debt and Capital Employed will remain the same.

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2022-2023 (March) Analysis of Financial Statements
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