Mathematics · Accounting Ratios
A company has Total Assets of 50,00,000 and Total Non-Current Liabilities + Current Liabilities (Total Debt) of 20,00,000. Its Reserves and Surplus amount to 12,00,000, and Share Capital is 18,00,000. Calculate the Debt-Equity Ratio of the company.
- 10.67 : 1✓
- 20.75 : 1
- 30.83 : 1
- 41.00 : 1
Correct answer
0.67 : 1
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