Q. Debt Equity Ratio is 3:1,the amount of total assets Rs.20 lac,current ratio is 1.5:1 and owned funds Rs.3 lac.What is the amount of current asset? (Solved)

1. Rs.5 lac

2. Rs.3 lac

3. Rs.12 lac

4. d) none of the above.

  • c. Rs.12 lac
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