From the following information, calculate Total Assets to Debt Ratio : Capital Employed 40,00,000 Investment 2,40,000 Plant 7,00,000 Trade Receivables 4,00,000 Cash and Cash Equivalents 3,60,000 Equity Share Capital 22,50,000 8% Debentures 18,00,000 Capital Reserve 3,40,000 Surplus (Bal in statement of P/L) (50,000) Share with your friends Share 22 Monika Sharma answered this Total Assets to Debt Ratio = Total AssetsLong-term Debts = Investment + Plant + Trade Receivables + Cash and Cash EquivalentsLong-term DebtsTotal Assets to Debt Ratio =2,40,000 + 7,00,000 + 4,00,000 + 3,60,00018,00,000Total Assets to Debt Ratio =17,00,00018,00,000= 0.94 : 1 -23 View Full Answer Aravind answered this I think its 2.41:1. -16
