Q. 40 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 40 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate proprietary ratio on the basis of following particulars:
₹ | |
Non-Current Assets | 5,00,000 |
Current Assets | 3,00,000 |
Equity Share Capital | 0.4 times of total assets |
Preference Share Capital | 0.25 times of Equity share Capital |
General Reserve | 1,50,000 |
Net Profit before tax | 1,20,000 |
Tax Rate | 25% |
[Ans. Proprietary Ratio : 0.8 : 1]
Solution:-