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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