Consider the following figures from the balance sheet of Calcutta Merchants Club: Current Assets Rs. 5,100 Current Liabilities Rs. 4,300 Net Fixed Assets (NFA) Rs. 23,800 Long-Term Debt: Rs. 7,400...




Consider the following figures from the balance sheet of Calcutta Merchants Club:


Current Assets Rs. 5,100


Current Liabilities Rs. 4,300


Net Fixed Assets (NFA) Rs. 23,800


Long-Term Debt: Rs. 7,400


Shareholders' Equity Rs. 'X'


Total Assets Rs. 28,900


Total Liabilities & Shareholders' Equity Rs.28,900




What is the Book Value of Equity (Shareholders' Equity)?


























 a


Rs. 16,200


 b


Rs. 17,200


 c


Rs. 12,000


 d


Rs. 10,000





Jun 03, 2022
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