Q. 48 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 48 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Following information has been obtained from the books of Queens Ltd. as at 31st March, 2023:
₹ | |
8% Debentures (1/4th redeemable on 31st Dec. 2023) | 8,00,000 |
7% Debentures | 6,50,000 |
Long-term Provisions | 2,50,000 |
Short-term Provisions | 50,000 |
Share Capital | 9,60,000 |
Profit and Loss Balance (Dr.) | (40,000) |
Debenture Redemption Reserve | 80,000 |
You are required to calculate Debt to Capital Employed Ratio.
[Ans. Debt to Capital Employed Ratio = 0.6 : 1]
Solution:-