Q2757
The following figures are taken from a balance sheet: Equity share capital = Rs. 1,10,000 6% preference share capital = Rs. 30,000 General reserve = Rs. 50,000 Reserve for contingencies = Rs. 20,000 6% mortgage debentures = Rs. 50,000 Sundry creditors = Rs. 20,000 Preliminary expenses = Rs. 5,000 Prepaid expenses = Rs. 4,000 In this case, the debt equity ratio is:
A.
1 : 2
B.
2 : 1
C.
24 : 1
D.
None of these
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board