Question : Equity Share Capital Rs.1,00,000
8% Preference Share Capital Rs.40,000
Reserves and Surplus Rs.60,000
Investments Rs.30,000
Current Assets Rs.70,000
Proprietary Ratio is 0.8: 1
Calculate the value of the fixed assets of the company.
Option 1: Rs. 1,50,000
Option 2: Rs. 2,50,000
Option 3: Rs. 2,00,000
Option 4: Rs. 3,00,000
Correct Answer: Rs. 1,50,000
Solution : Answer = Rs 1,50,000
Proprietary Ratio = Proprietor fund / Total Assets
$\Rightarrow \quad .8: 1=1,00,000+40000+60000$ / Total Assets
$=\frac{08}{1}=\frac{3,00,000}{\text { Total Assets }}$
$=$ Total Assets $=\frac{2,00,000}{.8} = 2,50,000$
Total Assets = NCA + CA
2,50,000 = 30,000 + FA + 70,000
FA = 2,50,000 -1,00,000
Now current Assets = 1,50,000
Hence, the correct option is 1.
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