Question
In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long term sources is `12 lac. What is the
In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long term sources is `12 lac. What is the amount of tangible net worth of the firm? Select one:
a. ` 2 lac
b. `12 lac
c. ` 4 lac.
d. `8 lac
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Debt Amount borrowed from outsiders Equity Amount invested by shareholders of the co...
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
