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  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Assuming that debt to equity ratio is 2 :1, then which of the following transaction will have no effect on it?

    A) Purchase of a fixed assets by taking loan

    B) Sale of fixed assets (book value Rs. 40,000) at loss of Rs. 15,000

    C) Issue of bonus share

    D) Declaration of final dividend

    Correct Answer: C

    Solution :

    [c] Issue of bonus share


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