Practicing Success
What will be the new proprietary ratio (0.6:1) of the company if the sale of a fixed asset costing ₹200000 for ₹250000 makes by the company? |
0.75:1 0.79:1 0.82:1 0.73:1 |
0.73:1 |
The correct answer is option 4- 0.73:1 Proprietary Ratio = Shareholders Funds/Capital employed (or net assets) |