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Question : Total Assets 7,70,000
Total Liabilities 2,60,000
Current Liabilities 40,000
Total Assets to Debt Ratio is:

Option 1: 2.56 : 1

Option 2: 2.80 : 1

Option 3: 3.50 : 1

Option 4: 3 : 1


Team Careers360 1st Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: 3.50 : 1


Solution : The total debt to total assets ratio is calculated by dividing the total debt by the total assets of the company.

So, Total Debt = Total Liabilities - Current Liabilities

                        = 260000 - 40000  =  Rs.220000

Total Asset is Rs.770000

Hence the Ratio is -

770000 / 220000   =   3.50: 1

Hence the Correct answer is option 3

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