Question : Equity Share Capital Rs.1,00,000
8% Preference Share Capital Rs.40,000
Reserves and Surplus Rs.60,000
Investments Rs.30,000
Current Assets Rs.70,000
Proprietary Ratio is 0.8: 1
Calculate the value of the fixed assets of the company.
Option 1: Rs. 1,50,000
Option 2: Rs. 2,50,000
Option 3: Rs. 2,00,000
Option 4: Rs. 3,00,000
Correct Answer: Rs. 1,50,000
Solution : Answer = Rs 1,50,000
Proprietary Ratio = Proprietor fund / Total Assets
$\Rightarrow \quad .8: 1=1,00,000+40000+60000$ / Total Assets
$=\frac{08}{1}=\frac{3,00,000}{\text { Total Assets }}$
$=$ Total Assets $=\frac{2,00,000}{.8} = 2,50,000$
Total Assets = NCA + CA
2,50,000 = 30,000 + FA + 70,000
FA = 2,50,000 -1,00,000
Now current Assets = 1,50,000 Hence, the correct option is 1.
Question : The profits of the firm for five years were agreed at Rs.40,000; Rs.60,000; Rs. 30,000 (loss); Rs.10,000 (loss); and Rs.90,000 respectively. Q. Average profit is Rs ---
Option 1: Rs.30,000
Option 2: Rs.1,50,000
Option 3: Rs.40,000
Option 4: Rs.1,00,000
Question : Equity share capital Rs.15,00,000. Reserve and Surplus Rs.7,50,000. Total Assets Rs.45,00,000. Proprietary Ratio?
Option 1: 35%
Option 2: 50%
Option 3: 66.67%
Option 4: 75%
Question : If opening capitals of partner are A Rs.3,00,000, B Rs.2,00,000 & C Rs.1,00,000 and their drawing during the year is Rs. 50,000, Rs.40,000 and Rs.30,000 respectively and debtors are Rs.60,000. What will be the amount of assets of the firm?
Option 1: Rs.4,20,000
Option 2: Rs.4,80,000
Option 3: Rs.5,40,000
Option 4: Rs.6,60,000
Question : Fixed assets Rs.500000; Current assets Rs.300000; Equity share capital Rs. 400000; Reserves Rs.200000; Long term debt Rs.40000. Proprietory ratio will be -
Option 1: 75%
Option 2: 80%
Option 3: 133%
Option 4: 85%
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