Fun Toys reported a debt equity ratio of 1.75 times at the end of 2014. If the firm’* total debt at the year-end was Rs. 25 crores,

Question 1

Fun Toys reported a debt equity ratio of 1.75 times at the end of 2014. If the firm’* total debt at the year-end was Rs. 25 crores, then how much equity does Fun Toys have?

Question 2

Debt Equity Ratio = Total Debt / Total Equity

1.75 = 25 crores / Total Equity

Total Equity = 25 crores / 1.75 = 14.29 crores

kratos · Answer 1 · 2020-09-07T06:32:19+0000

Debt Equity Ratio = Total Debt / Total Equity

1.75 = 25 crores / Total Equity

Total Equity = 25 crores / 1.75 = 14.29 crores

Fun Toys reported a debt equity ratio of 1.75 times at the end of 2014. If the firm’* total debt at the year-end was Rs. 25 crores,

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Fun Toys reported a debt equity ratio of 1.75 times at the end of 2014. If the firm’* total debt at the year-end was Rs. 25 crores,

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