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.
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.
Question : Which of the following statements is correct?
Question : 'Loan', 'Loan on Mortgage' and 'Bank Loan' are____________therefore, these should not be included in______________.
Question : Which of the following statements is not correct?
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