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Question
| Equity Share Capital | ₹ 12,00,000 |
| General Reserve | ₹ 5,00,000 |
| Debenture Redemption Reserve | ₹ 1,00,000 |
| Profit & Loss Balance | ₹ (2,00,000) |
| Proprietary Ratio | 0.2 : 1 |
Total Assets will be:
Options
₹ 3,20,000
₹ 75,00,000
₹ 3,00,000
₹ 80,00,000
MCQ
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Solution
₹ 80,00,000
Explanation:
Shareholder’s Funds = Equity Share Capital + General Reserve + Debenture Redemption Reserve − Profit & Loss Balance
= 12,00,000 + 5,00,000 + 1,00,000 − 2,00,000
= ₹ 16,00,000
Proprietary Ratio = `"Shareholder’s Funds"/"Total Assets"`
0.2 = `(16,00,000)/"Total Assets"`
Total Assets = `(16,00,000)/0.2`
= ₹ 80,00,000
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