Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
| Q.107 | Assuming the debt to equity ratio to be 2, which of the following transactions would result in an increase in the given ratio? | |
| Ans | A. Conversion of debentures worth ₹50,000 in equity shares | |
| B. Sale of fixed asset at a loss of ₹3,000 | ||
| C. Purchase of fixed asset on credit for a period of 2 months | ||
| D. Issue of new shares for cash |
Correct Ans Provided: B
