Question

Given: Total Assets ₹250 lakh; Equity ₹100 lakh;

DE 80100 0.8 Current Ratio 7030 2.33

Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Debt-Equity Ratio and Current Ratio.

A 0.7 & 1.33

B 0.8 & 2.33

C 1.0 & 2.0

D 1.2 & 2.5

E 1.5 & 3.0

Practice Next

More Accounts Questions

Solution