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ratios

Knowledge resource 517 views 4 replies

Given proprietary ratio(fixed assets/proprietary funds)=0.6
working capital=120000.
Find fixed assets n proprietary funds.
Tried many times but could not solve it.Please help me in solving this

Replies (4)

ASSUMING LONG TERM LOANS TO BE  NIL , P.F = FIXED ASSETS + W.CAPITAL

F.A = 0.6 P.F

P.F = .6 P.F + 120000

0.4 P.F = 120000

P.F = 3000000

SO F.A = 0.6 * 3000000 = 180000

REGARDS = SANYAM ARORA

thnaks a lot bro....

i hope you have got the point by now

Sanyam is correct...


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