Q. 157 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 157 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Current Ratio, Quick Ratio, Debt-Equity Ratio and the Proprietary Ratio from the figures given below:-
| Inventory | 30,000 |
| Prepaid Expenses | 2,000 |
| Liquid Assets | 50,000 |
| Current Liabilities | 40,000 |
| 12% Debentures | 30,000 |
| Profit & Loss Balance | 10,000 |
| Equity Share Capital | 1,00,000 |
| Long term Investments | 15,000 |
| Property, Plant and Equipment | 83,000 |
[Ans.]
(i) Current Ratio 2.05 : 1, (ii) Quick Ratio 1.25 : 1; (iii) Debt-Equity Ratio .27 : 1; (iv) Proprietary Ratio i.e., 61.11%.]
Solution:-
