Looking for the answer to the question below related to Financial Management?
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?
|A. Rs.12 lac
B. Rs.8 lac
C. Rs.4 lac
D. Rs.2 lac
The Correct Answer Is:
- B. Rs.8 lac
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