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The following figures are taken from a balance sheet Equity share...

This question belongs to Commerce Accounting
Accounting
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The following figures are taken from a balance sheet:
Equity share capital = Rs. 1,10,000
6% preference share capital = Rs. 30,000
General reserve = Rs. 50,000
Reserve for contingencies = Rs. 20,000
6% mortgage debentures = Rs. 50,000
Sundry creditors = Rs. 20,000
Preliminary expenses = Rs. 5,000
Prepaid expenses = Rs. 4,000
In this case, the debt equity ratio is:

Answer & Solution
Correct Answer: Option D
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