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
I hope you got the answer to your question.