I am not getting given ans 8 lac, pls explain this
In Balance sheet of a firm , the debt equity ratio is 2:1 . the amount of long term sources is Rs 12 lakh. what is the amount of tangible net worth of the firm? (A) Rs12 lac (b) Rs8 lac (c) Rs 4lac (d) Rs 2 lac
Ans given Rs 8 lac
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