Looking for the answer to the question below related to Financial Management?
Debt Equity Ratio is 3:1,the amount of total assets Rs.20 lac, current ratio is 1.5:1 and owned funds Rs.3 lac. What is the amount of current asset?
Options:
| A. Rs.5 lac B. Rs.3 lac C. Rs.12 lac D. none of the above |
The Correct Answer Is:
- C. Rs.12 lac
Conclusion
I hope you got the answer to your question.
