● 1. From the following balance sheet of X Ltd., calculate the total capitalisation. Also comment on the financial structure and Capital Structure of the firm.

Balance Sheet of X Ltd.

Liabilities Amount (`) Assets Amount (`)

Equity share capital Retained earnings 10% Preference Share Capital 8% debentures 9% Bank loan Current Liabilities 50,000 20,000 20,000 30,000 30,000 10,000 Fixed Assets Current Assets 80,000 80,000 1,60,000 1,60,000