Vidyalelo
Commerce · Q1451

Accounting

Graduate and Post Graduate · Commerce · question 1451

Q1451

Given, Current Assets Rs. 4,00,000 Current Liabilities Rs. 1,60,000 Reserves & Surplus Rs. 1,60,000 Proprietary Ratio (Fixed Assets/Proprietary Funds) 0.75 Fixed Assets will be

Given,
Current Assets Rs. 4,00,000
Current Liabilities Rs. 1,60,000
Reserves & Surplus Rs. 1,60,000
Proprietary Ratio (Fixed Assets/Proprietary Funds)       0.75

Fixed Assets will be
A.
Rs. 7,20,000
Answer
B.
Rs. 7,60,000
C.
Rs. 8,00,000
D.
Rs. 9,60,000

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board