Consider the following figures from the balance sheet of Calcutta Merchants Club: Current Assets Rs. 5,100 Current Liabilities Rs. 4,300 Net Fixed Assets (NFA) Rs. 23,800 Long-Term Debt: Rs. 7,400 Shareholders' Equity Rs. 'X' Total Assets Rs. 28,900 Total Liabilities & Shareholders' Equity Rs.28,900   What is the Book Value of Equity (Shareholders' Equity) ?  a Rs. 16,200  b Rs. 17,200  c Rs. 12,000  d Rs. 10,000

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Consider the following figures from the balance sheet of Calcutta Merchants Club:

Current Assets Rs. 5,100

Current Liabilities Rs. 4,300

Net Fixed Assets (NFA) Rs. 23,800

Long-Term Debt: Rs. 7,400

Shareholders' Equity Rs. 'X'

Total Assets Rs. 28,900

Total Liabilities & Shareholders' Equity Rs.28,900

 

What is the Book Value of Equity (Shareholders' Equity) ?

 a
Rs. 16,200
 b
Rs. 17,200
 c
Rs. 12,000
 d
Rs. 10,000
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