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Question
Total Assets of Star Ltd. are ₹ 10,00,000; Shareholders’ Funds: ₹ 6,00,000. The percentage of Shareholders’ Funds in Common-size Balance Sheet will be ______.
Options
40%
50%
70%
60%
MCQ
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Solution
Total Assets of Star Ltd. are ₹ 10,00,000; Shareholders’ Funds: ₹ 6,00,000. The percentage of Shareholders’ Funds in Common-size Balance Sheet will be 60%.
Explanation:
Amount of Shareholders’ Funds = ₹ 6,00,000
Total Assets (Base) = ₹ 10,00,000
Percentage of an Item (%) = `"Amount of Individual Iteam"/"Total Assets" xx 100`
= `(6,00,000)/(10,00,000) xx 100`
= 60%
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