From the following Balance Sheet of Arth Ltd. Calculate. 7. (a) Debt equity ratio (b) Fixed assets to current assets. Balance Sheet Liabilities Rs. Assets Rs. Equity share capital 2,00,000 Goodwill 1,20,000 Reserve 40,000 Fixed assets 2,80,000 P & L a/c 60,000 Stock 60,000 Secured loan 1,60,000 Debtors 60,000 Creditors 1,00,000 Advances 20,000 Provision for taxation 40,000 Bank 60,000 6,00,000 6,00,000

From the following Balance Sheet of Arth Ltd. Calculate. 7. (a) Debt equity ratio (b) Fixed assets to current assets. Balance Sheet Liabilities Rs. Assets Rs. Equity share capital 2,00,000 Goodwill 1,20,000 Reserve 40,000 Fixed assets 2,80,000 P & L a/c 60,000 Stock 60,000 Secured loan 1,60,000 Debtors 60,000 Creditors 1,00,000 Advances 20,000 Provision for taxation 40,000 Bank 60,000 6,00,000 6,00,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...

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