Read the following information and answer the question.
| PARTICULARS | AMOUNT (₹) |
| Equity share capital | 15,00,000 |
| General reserve | 10,00,000 |
| Profit and loss balance ( negative) | 1,00,000 |
| Debentures | 10,00,000 |
| Loan from bank | 7,00,000 |
| Current liabilities | 4,00,000 |
| Goodwill | 5,00,000 |
| Other non-current assets | 22,00,000 |
| Current assets | 18,00,000 |
What will be the proprietary ratio if the following information of the company is available?
Answer & explanation
Correct answer: option 1
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%