Q. 155 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 155 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the following information calculate the Debt-Equity Ratio and Current Ratio:-
₹ | |
Share Capital | 2,50,000 |
Trade Payables | 60,000 |
Trade Receivables | 60,000 |
12% Debentures | 2,80,000 |
Cash & Cash Equivalents | 30,000 |
Long-term Loan | 1,10,000 |
General Reserve | 25,000 |
[Ans. Debt-Equity Ratio = 1.42 : 1, Current Ratio = 1.5 : 1]
Solution:-