Read the following information and answer the question.

What will be the proprietary ratio if the following information of the company is available?

53.33%

The correct answer is option 1-53.33%.

* Total assets = Goodwill + other non current assets + current assets
                       = 5,00,000 + 22,00,000 + 18,00,000
                       = ₹45,00,000

*Shareholder's funds = Equity share capital +  general reserve - profit and loss balance(negative balance)
                                   = 15,00,000 +10,00,000 - 1,00,000   
                                   = ₹24,00,000

Proprietary Ratio = Shareholders’, Funds/total assets x 100
                             = 24,00,000/ 45,00,000 x 100
                             = 53.33%