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3. From the following data of Equity and Debt of Salman Industries, calculate the (a) Debt-Equity Ratio and (b) Proprietary Ratio Equity share capital 1,100,000
3. From the following data of Equity and Debt of Salman Industries, calculate the (a) Debt-Equity Ratio and (b) Proprietary Ratio Equity share capital 1,100,000 Sundry Creditors 240,000 Capital Reserve 500,000 Bills Payable 120,000 Profit and Loss Account 200,000 Provision for Taxation 180,000 6% Debentures 500,000 Outstanding Creditors 160,000 20
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