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12th | Accounting Ratios | Question No. 46 To 50 | Ts Grewal Solution 2022-2023

Question 46:


Shareholders' Funds   ` 1,60,000; Total Debts  ` 3,60,000; Current Liabilities  ` 40,000.
Calculate Total Assets to Debt Ratio.

Answer:


Total Debts = 3,60,000

Shareholders’ Funds = 1,60,000

Current Liabilities = 40,000

Total Assets = Total Debts + Shareholders’ Funds

= 3,60,000 + 1,60,000 = 5,20,000

Long-term Debts = Total Debt − Current Liabilities

= 3,60,000 − 40,000 = 3,20,000

Total assets to Debt ratio= Total assets / Debt =5,20,000/3,20,000=13:8 or 1.625:1

 

Question 47:


Total Debt  ` 60,00,000; Shareholders' Funds  ` 10,00,000; Reserves and Surplus   ` 2,50,000; Current Assets  ` 25,00,000; Working Capital  ` 5,00,000. Calculate Total Assets to Debt Ratio.

Answer:


Total Assets to Debt Ratio =  Total Assets/Long Term Debt
Working Capital = Current Assets – Current Liabilities
           5,00,000 = 25,00,000 – Current Liabilities
              Current Liabilities =
 ` 20,00,000
Long Term Debts = Total Debt – Current Liabilities
                              = 60,00,000 – 20,00,000
                              =
 ` 40,00,000
Total Assets = Total Liabilities = Total Debt + Shareholders’ Funds
                     = 60,00,000 + 10,00,000
                    =
 ` 70,00,000
Total Assets to Debt Ratio = 70,00,000/40,00,000 = 7 : 4 or 1.75 : 1

 

Question 48:


Total Debt  `15,00,000; Current Liabilities  `5,00,000; Capital Employed  `15,00,000. Calculate Total Assets to Debt Ratio. 

Answer:


Total Assets to Debt Ratio =  Total Assets/Long Term Debt

Capital Employed = Total Assets – Current Liabilities
            15,00,000 = Total Assets – 5,00,000
         Total Assets =
 ` 20,00,000
Long Term Debt = Total Debt – Current Liabilities
                              = 15,00,000 – 5,00,000
                              =
 ` 10,00,000

Total Assets to Debt Ratio = 20,00,000/10,00,000 = 2 : 1

 

Question 49:


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 50:


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

 

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Ts Grewal Solution 2022-2023

Class 12 / Volume – 3

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