Q. 39. From the following information, Calculate Debt to Equity Ratio:
[Ans.: Current Ratio = 6 : 1.]
| 10,000 Equity Shares of ₹ 10 each fully paid | 2,00,000 |
| 5,000; 9% Preference Shares of ₹ 10 each fully paid | 1,00,000 |
| General Reserve | 90,000 |
| Surplus, i.e., Balance in Statement of Profit & Loss | 40,000 |
| 10% Debentures | 1,50,000 |
| Current Liabilities | 1,00,000 |
Solution:-
