As per Section 68(2) of the Companies Act, 2013, post buy-back debt-equity ratio should be __________.

CS Executive · Corporate and Management Accounting · PYQS · June 2022
As per Section 68(2) of the Companies Act, 2013, post buy-back debt-equity ratio should be __________.
(A) 1:1
(B) 1.5:1
(C) 2:1
(D) 2.5:1

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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