Q. 158 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 158 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the following information of Shiva Ltd., Calculate total assets to debt ratio:-
Equity Share Capital | 5,00,000 |
9% Preference Share Capital | 4,00,000 |
Property, Plant and Equipment | 12,00,000 |
Non-Current Investments | 1,50,000 |
Reserves and Surplus | 2,40,000 |
Current Assets | 1,90,000 |
Current Liabilities | 1,00,000 |
[Ans. Total Assets to debt ratio 5.13.]
Solution:-
Hint:-
Total Assets = Property, Plant and Equipment + Non-Current Investment + Current Assets = ₹ 15,40,000
Long-term Debt = ₹ 15,40,000 – Equity Capital – Pref. Capital – Reserves – Current Liabilities = ₹ 3,00,000