Teaching RPSC School Lecturer Mock Test Series 2024 Accountancy Financial Statement Analysis Ratio analysis
Aradya Ltd. had debt equity ratio of 2.5 : 1. State which of the following transaction will not effect the Debt Equity Ratio:
1
Purchase of ₹15,00,000 machinery by taking bank loan of ₹12,00,000
2
₹2,00,000 paid to creditors
3
Conversion of ₹1,00,000 debentures into Equity shares of ₹100 each
4
Sale of furniture (book value of ₹5,00,000) for ₹5,50,000
5
Question Not Attempted