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12th | Accounting Ratio | Question No. 56 To 60 | Ts Grewal Solution 2023-2024

Question 56:


Total Debt  `12,00,000; Shareholders' Funds  `2,00,000; Reserves and Surplus  `50,000; Current Assets  `5,00,000; Working Capital  `1,00,000. Calculate Total Assets to Debt Ratio.

Answer:


Working Capital

=

Current Assets-Current Liabilities

1,00,000

=

5,00,000-Current Liabilities

Current Liabilities

=

 ` 4,00,000

 

Debt

=

Total Debt-Current Liabilities

 

=

12,00,000 - 4,00,000 

 

=

 ` 8,00,000

 

Total Assets

=

Shareholders' Funds+ Total Debt                    

 

=

=

2,00,000+12,00,000

 ` 14,00,000

 

Total Assets to Debt Ratio

=

Total Assets/Debt                                           

 

=

=

14,00,000/8,00,000

1.75:1

 

Question 57:


Calculate Total Assets to Debt Ratio from the following information:    

 

 

 

 

 

Particulars

 `

Particulars 

 `

 

Total Assets

15,00,000

Bills Payable

60,000

Total Debts

12,00,000

Bank Overdraft

50,000

Creditors

90,000

Outstanding Expenses

20,000

 

Answer:


Total Assets =  ` 15,00,000
Current Liabilities = Creditors + Bills Payable + Bank Overdraft + Outstanding Expenses
                              =  ` 90,000 +  ` 60,000 +  ` 50,000 +  ` 20,000 =  ` 2,20,000
Long-Term Debt = Total Debt – Current Liabilities
=  ` 12,00,000 –  ` 2,20,000 =  ` 9,80,000

Total assets to Debt ratio= Total assets / Long-Term Debt =15,00,000/9,80,000=1.53:1

 

Question 58:


Calculate ‘Total Assets to Debt ratio’ from the following information;

 

`

Equity share capital

4,00,000

Long-term Borrowings

1,80,000

Surplus, i.e. Balance in statement of profit and Loss

1,00,000

General reserve

70,000

Current Liabilities

30,000

Long-term Provision

1,20,000

Answers;


Total asset to debt ratio= total asset / debt

= 9,00,000/ 3,00,000

=3:1

 

Working note:

 

Wn-1.

Total Assets = Total Liabilities = Equity Share Capital + Long-term Borrowings + Surplus, i.e., Balance in Statement of Profit and Loss + General Reserve + Current Liabilities + Long-term Provisions = 9,00,000

 

Wn-2

Debt = Long-term Borrowings + Long-term Provisions = 3,00,000.

 

Question 59:


From the following information, calculate Total Assets to Debt Ratio:

 

 `

 

 

 `

Fixed Assets (Gross)

6,00,000

 

Accumulated Depreciation

1,00,000

Non-current Investments

10,000

 

Long-term Loans and Advances

40,000

Current Assets

2,50,000

 

Current Liabilities

2,00,000

Long-term Borrowings

3,00,000

 

Long-term Provisions

1,00,000

 

Answer:


Debts

=

Long-term Borrowings+Long Term Provisions

 

=

=

3,00,000+1,00,000

 ` 4,00,000

 

Total Assets

=

=

=

Non-Current Assets + Current Assets      

6,00,000 -1,00,000+10,000+2,50,000+40,000

 ` 8,00,000

 

Total Assets to Debt Ratio

=

Total Assets/Debt                                       

 

=

=

8,00,0004,00,000

2:1

Proprietary Ratio

Question 60:

From the following information, calculate Proprietary Ratio:

Share Capital

 `3,00,000

  Reserves and Surplus

 `1,80,000

Non-current Assets

 `13,20,000

  Current Assets

 ` 6,00,000

 

Answer:


Proprietary Ratio=Shareholders' Funds

Total AssetsProprietary Ratio=Share Capital+Reserves and SurplusNon-Current Assets+Current 

Assets to Proprietary Ratio =3,00,000+1,80,000/13,20,000+6,00,000=0.25:1 or 25%

 

 

Ts Grewal Solution 2023-2024

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Class 12 / Volume – I

Chapter 3 – Accounting Ratio

Question No. 1 To 5

Question No. 6 To 10

Question No. 11 To 15

Question No. 16 To 20

Question No. 21 To 25

Question No. 26 To 30

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