Question : Which of the following statements is correct?
Option 1: Total Assets = Non-Current Assets (Tangible Assets + Intangible Assets + Non-Current Investments + Long Term Loans & Advances) + Current Assets
Option 2: Debt = Long Term Borrowings + Long Term Provisions
Option 3: Examples of Debts are Debentures, Mortgage Loan, Bank Loan, Loans from financial institutions and Public Deposits etc
Option 4: All of the above
Correct Answer: All of the above
Solution : Answer - All of the above.
Total Assets = Non-current Assets + C.Assets
DEBT = Long-term Provision + Long-term Borrowings.
Examples of long-term debt are Debentures, Mortgage loans, Bank Loans, Loan from financial institutions and Public Deposit.
Hence, the correct option is 4.
Related Questions
Trending Articles/News
