Practicing Success
ABC Ltd., a telecom company was passing through a bad phase of business cycle and banks were unwilling to lend further amount. It decided to do introspection and compiled following information for the purposes of analysis:
|
What will be the total assets of the company? |
₹1000000 ₹1100000 ₹1200000 Cannot be determined |
₹1100000 |
Total debts + Shareholders' funds = Total assets |