Economics · Ratio Analysis
Calculate the Proprietary Ratio based on the following information: Equity Share Capital = 500,000; Reserves = 200,000; Long-term Loans = 300,000; Current Liabilities = 200,000. (Note: Assume no Intangible Assets)
- 10.50
- 20.35
- 30.70
- 40.58✓
Correct answer
0.58
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