Examveda
Examveda

Given,
Current Assets Rs. 4,00,000
Current Liabilities Rs. 1,60,000
Reserves & Surplus Rs. 1,60,000
Proprietary Ratio (Fixed Assets/Proprietary Funds)       0.75

Fixed Assets will be

A. Rs. 7,20,000

B. Rs. 7,60,000

C. Rs. 8,00,000

D. Rs. 9,60,000

Answer: Option A


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