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04.2:1; (b) 3.5: 1.From the following details compute the Total Assets to Debt Ratio:Share Capital=250000General Reserve=55000Debentures=75000Cash in Hand=25000Cash at Bank=50000Sundry Debtors=50000Investments (Non-trade) NCH)50,000Fixed Assets225,000Sundry Creditors12500Capital Employed525000Ins. Total Assets to Debt Ratio 1.53 . 1.Hint: Investment is given as non-trade investment so it does not form part ofcapital employed Trade investment is a part of capital employed.. |
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Answer» Answer: 3.485:1 will be the asset to debt ratio Explanation: the data provided is not SUFFICIENT but the BEST answer that i could muster up from the GIVEN data was this |
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