alleryStart learning →Assets Rs 12 crore, liabilities Rs 8 crore: accounting leverage is?
A1.5 times
B2.0 times
C0.67 times
D3.0 times
Answer & Solution
Correct answer: D. 3.0 times
Equity is 12 less 8, which is 4 crore, and 12 divided by 4 gives 3.0 times.
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