51 :- Calculate Total Assets to Debt Ratio from the following information :
Long – term Debts Rs 4,00,000; Total Assets Rs 7,70,000.
Solution :-
Total Assets = Rs 7,70,000
Long – term Debts = Rs 4,00,000
Total Assets to Debt Ratio = Total Assets/Debts
= 7,70,000/4,00,000
= 1.925 : 1