A Ltd. financial statement shows the following data: Equity share capital ₹5,67,500 Reserve & surplus ₹3,87,850 Total debt ₹5,88,778 out of which ₹2,88,778 are long term debts Fixed assets are ₹11,44,128 Calculate th
CS Executive · Cost and Management Accounting · PYQS · December 2019
A Ltd. financial statement shows the following data: Equity share capital ₹5,67,500 Reserve & surplus ₹3,87,850 Total debt ₹5,88,778 out of which ₹2,88,778 are long term debts Fixed assets are ₹11,44,128 Calculate the current ratio :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Financial Statement Analysis
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