Question : Which of the following statements is false?
Option 1: Total Assets = Fixed Assets + Non-current Investments + Current Assets
Option 2: Long-term Borrowings or Debt = Total Borrowing - Short-term Borrowings
Option 3: Total Assets = Shareholders Funds + Long term Borrowings + Short term
Borrowings + Other Current liabilities
Option 4: None of the above.
Answer (1)
27th Jan, 2024
Correct Answer: None of the above.
Solution :
Answer =
none of the above
Shareholder fund + Non-Current liabilities + Current liabilities = Non-Current Assets + Current Assets.
Hence, the correct option is 4.
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