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Debt equity ratio is 2 ; 1, which of the following will decrease this: a) Issue of new shares for cash b) Conversion of debentures into equity shares c) Sale of fixed asset at a profit d) Purchase of fixed asset on long term referred payment basis. i) a, b, c, d ii) only a & biii) only a, b, c iv) only d |
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Answer» iii) only a, b, c |
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