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Total Debt ₹15,00,000; Current Liablities ₹5,00,000; Capital Employed ₹15,00,000. Calculate Total Assets to Debt Ratio. - Accountancy

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Question

Total Debt ₹15,00,000; Current Liablities ₹5,00,000; Capital Employed ₹15,00,000. Calculate Total Assets to Debt Ratio. 

Sum
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Solution

Total Assets to Debt Ratio = `"Total Assets"/"Long term Debt"`

Capital Employed = Total Assets – Current Liabilities
15,00,000 = Total Assets – 5,00,000
Total Assets = Rs 20,00,000
Long Term Debt = Total Debt – Current Liabilities
= 15,00,000 – 5,00,000
= Rs 10,00,000

Total Assets to Debt Ratio = `2000000/1000000 = 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 48 | Page 97
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