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Accountancy · 2024 · 3 marks
CBSE 2024 · Region 3 · Set 2 · Q32
From the following information, calculate 'Total Assets to Debt Ratio' Particulars (<) Current Assets 8,00,000 Current Liabilities 5,00,000 10%…
From the following information, calculate 'Total Assets to Debt Ratio' Particulars (<) Current Assets $\displaystyle 8,00,000$ Current Liabilities $\displaystyle 5,00,000$ $\displaystyle 10$% Debentures $\displaystyle 4,00,000$ $\displaystyle 9$% Long-term Bank Loan $\displaystyle 1,00,000$ $\displaystyle 7$ Shareholders Funds $\displaystyle 15,00,000$
Marking-scheme solution
Total Asset to Debt Ratio = Total Asset
Long Term Debt
Total Asset to Debt Ratio = $\displaystyle 25,00,000$
$\displaystyle 5,00,000$
= $\displaystyle 5$:$\displaystyle 1$
Long Term Debt = Debentures + Long term Bank Loan
= $\displaystyle 4,00,000$ + $\displaystyle 1,00,000$
= ₹$\displaystyle 5,00,000$
Total Assets = Shareholders Funds + Non-Current Liabilities + Current Liabilities
= $\displaystyle 15,00,000$ + $\displaystyle 4,00,000$ + $\displaystyle 1,00,000$ + $\displaystyle 5,00,000$
= ₹ $\displaystyle 25,00,000$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.