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In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long term sources is Rs.12 lac. What is the amount of tangible net worth of the firm?

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In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long term sources is Rs.12 lac. What is the amount of tangible net worth of the firm?

 Options:

A. Rs.12 lac
B. Rs.8 lac
C. Rs.4 lac
D. Rs.2 lac

 

The Correct Answer Is:

  • B. Rs.8 lac

 

Conclusion

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