Following information is available: Owners' equity : ₹1,00,000 Current debt to total debt : 0.40 Total debt to owners' equity : 0.60 Fixed assets to owners' equity : 0.60 Total assets turnover : 2 times Inventory turnove

CS Executive · Cost and Management Accounting · PYQS · December 2016
Following information is available: Owners' equity : ₹1,00,000 Current debt to total debt : 0.40 Total debt to owners' equity : 0.60 Fixed assets to owners' equity : 0.60 Total assets turnover : 2 times Inventory turnover : 8 times Fixed assets will be —
(A) ₹70,000
(B) ₹60,000
(C) ₹65,000
(D) ₹72,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Management

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