Calculate ‘Total Assets to Debt ratio’ from the following information : Equity Share Capital                                4,00,000 Long Term Borrowings                              1,80,000 Surplus i.e. Balance in statement of Profit and Loss  1,00,000 General Reserve                                       70,000 Current Liabilities                                     30,000 Long Term Provisions                               1,20,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 16P: Ratios Analyses: McCormick Refer to the information for McCormick above. Additional information for...
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Calculate ‘Total Assets to Debt ratio’ from the following information :

Equity Share Capital                                4,00,000

Long Term Borrowings                              1,80,000

Surplus i.e. Balance in statement of Profit and Loss  1,00,000

General Reserve                                       70,000

Current Liabilities                                     30,000

Long Term Provisions                               1,20,000

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