Answered: Assets - 100 Equity Share Capital 150…

Assets - 100 Equity Share Capital 150 160 Long term Loans taken 100 200 Dividend paid - 26 Dividend received - 10 Interest received - 15 Calculate the debt-equity ratio & comment

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Particulars As on 31.3.2019
(Rupees. In Lacs)
As on 31.3.2020
(Rupees. In Lacs)
Investment in Financial
Assets
- 100
Equity Share Capital 150 160
Long term Loans taken 100 200
Dividend paid - 26
Dividend received - 10
Interest received - 15

Calculate the debt-equity ratio & comment

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