88 Views

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


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

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.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Narayana Business School MBA/...
Apply
Top 30 Private B-Schools Nationally and Top 3 in Gujarat | Highest CTC- 20 LPA | Average CTC- 8.4 LPA | 40% Pre-Placement Offers | 670+ Recruiters 
JAGSoM PGDM Admissions 2026
Apply
Highest CTC 51.38 LPA | Median CTC 10.32 LPA | Top 25% Average CTC 14.32 LPA
Great Lakes Institute of Mana...
Apply
Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Amity University-Noida Law Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida MBA Ad...
Apply
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books