Solution of Q 47 Accounting Ratios TS Grewal 2023-24 [CBSE]
Step-by-step solution of Question 47, Chapter 3 Accounting Ratios, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.
Question 47
Monica Ltd. has Quick Ratio of 1.5 : 1. Its Working Capital is ₹ 1,20,000 and its inventories are of ₹ 80,000. Total Assets of ₹ 3,80,000 and Total Debts of ₹ 2,80,000.
Calculate Debt to Equity Ratio.

Solution


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About this solution
This is Chapter 3 Accounting Ratios of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.


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