Advertisements
Advertisements
Question
From the following information, the ‘Proprietor’s funds’ are:
| Current Assets | ₹ 20,00,000 |
| Non-Current Assets | ₹ 40,00,000 |
| Long Term Borrowings | ₹ 25,00,000 |
| Proprietary Ratio | 25% |
Options
₹ 10,00,000
₹ 14,00,000
₹ 24,00,000
₹ 15,00,000
MCQ
Advertisements
Solution
₹ 15,00,000
Explanation:
Total Assets = Current Assets + Non-Current Assets
= 20,00,000 + 40,00,000
= ₹ 60,00,000
Proprietary Ratio = `"Proprietor’s Funds"/"Total Assets"`
`25/100` = `"Proprietor’s Funds"/(60,00,000)`
Proprietor’s Funds = `60,00,000 xx 25/100`
= ₹ 15,00,000
shaalaa.com
Is there an error in this question or solution?
