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?


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



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