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Total assets Rs. 14,00,000 and long-term debts Rs. 1,50,000. What is the total assets to debt ratio?
A0.11 : 1
B6.5 : 1
C9.33 : 1
D12 : 1
Answer & Solution
Correct answer: C. 9.33 : 1
14,00,000 divided by 1,50,000 gives 9.33.
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