Buy Back Query

Accountancy

What will be the amount of Total Loan Funds for the purpose of Debt Equity Ratio Test? My answer is 4525000. Author has done mistake in solution. Can you please confirm?

Kumarjit Dey

CA Inter

★ 4K+

26-Nov-20 17:12

868

Answers (2)

Best Answer

I dont know what the author has done. 45.25 lacs is correct.

CA Suraj Lakhotia

Admin

27-Nov-20 15:33

CA Suraj Lakhotia Admin

I dont know what the author has done. 45.25 lacs is correct.

Your confirmation is what I was looking for. Thank you

Thread Starter

Kumarjit Dey

CA Inter

★ 4K+

27-Nov-20 16:46