12 Views

Question :

On the basis of following information received from a firm, its proprietary ratio will be - 

Particulars

Amount

Fixed assets

330000

Current assets

190000

Preliminary Exp.

30000

Equity share capital    

244000

Prefrence share capital

170000

Reserve Fund

58000

Option 1: 80%

Option 2: 85%

Option 3: 70%

Option 4: 90%


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: 85%


Solution : The shareholder's equity is divided by the total assets of the company to arrive at the proprietary ratio, which is expressed as a percentage.

Hence the ratio is - 

= (Equity share capital + Preference share capital + Reserve Fund - Preliminary Exp.)/(Fixed assets + Current assets)

= Rs.(244000 + 170000 + 58000 - 30000)/Rs.(330000+190000)

= Rs.442000/Rs.520000

= 85%

Hence the correct answer is option 2.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT - VITEEE 2026
Apply
National level exam conducted by VIT University, Vellore | Ranked #16 by NIRF for Engg. | NAAC A++ Accredited
RV University, Bangalore | La...
Apply
Excellent curriculum; an impressive range of electives, besides core law courses. Up to 100% merit scholarship on a first-come, first-served basis
Amity University-Noida M.Tech...
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.
Great Lakes Institute of Mana...
Apply
Last Date to Apply: 10th Jan | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
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