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From the following, calculate the debt-equity ratio: Equity Shares Capital             RO 100,000                General Reserve         RO 45,000 Accumulated Profits               RO 30,000                  Debentures                  RO 75,000 Sundry creditors                     RO 40,000                  Outstanding expenses RO 10,000

From the following, calculate the debt-equity ratio: Equity Shares Capital             RO 100,000                General Reserve         RO 45,000 Accumulated Profits               RO 30,000                  Debentures                  RO 75,000 Sundry creditors                     RO 40,000                  Outstanding expenses RO 10,000

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3P: Winston Watch’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance...
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From the following, calculate the debt-equity ratio:

Equity Shares Capital             RO 100,000                General Reserve         RO 45,000

Accumulated Profits               RO 30,000                  Debentures                  RO 75,000

Sundry creditors                     RO 40,000                  Outstanding expenses RO 10,000

 

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