Ratio 70
Debt to Capital Employed ratio is 0.3:1. State whether the following transactions, will improve, decline or will have no change on the Debt to Capital Employed Ratio. Also give reasons for the same. Sale of Equipments costing ₹10,00,000 for ₹9,00,000. Purchased Goods on Credit for ₹1,00,000 for a credit of 15 months, assuming operating cycle … Read more