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Total Debt ₹12,00,000; Current Liabilities ₹4,00,000; Capital Employed ₹12,00,000. Calculate Total Assets to Debt Ratio. - Accountancy

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Question

Total Debt ₹12,00,000; Current Liabilities ₹4,00,000; Capital Employed ₹`12,00,000. Calculate Total Assets to Debt Ratio.

Sum
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Solution

Debt = Total Debt - Current Liabilities 

= 1200000 - 400000 = Rs 800000

Total Assets = Capital Employed + Current Liabilities

= 1200000 + 400000 = Rs 1600000

 Total Assets to Debt Ratio

= `"Total Assets"/"Debt" = 1600000/800000 = 2 : 1`

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Chapter 3: Accounting Ratios - Exercises [Page 97]

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TS Grewal Accountancy - Analysis of Financial Statements [English] Class 12
Chapter 3 Accounting Ratios
Exercises | Q 51 | Page 97
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