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2. From the following, calculate (a) Debt Equity Ratio (b) Total Assets to Debt Ratio (c) Interest Coverage ratio $ Equity Share Capital 75,000 Preference
2. From the following, calculate (a) Debt Equity Ratio (b) Total Assets to Debt Ratio (c) Interest Coverage ratio $ Equity Share Capital 75,000 Preference Share Capital 25,000 General Reserve 45,000 Accumulated Profits 30,000 20% Debentures 75,000 Sundry Creditors 40,000 Outstanding Expenses 10,000 Net Profit After tax 10,000 Tax@ 50%
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