A company has total assets of Tk. 2,000,000; long term debt of Tk. 900,000 and its shareholders‘ equity is Tk. 900,000. What is the company‘s total debt to asset ratio?

1. A company has total assets of Tk. 2,000,000; long term debt of Tk. 900,000 and its shareholders‘ equity is Tk. 900,000. What is the company‘s total debt to asset ratio?

[Senior Officer (Financial Analyst) 2020 [MCQ] : 2020]

1. 31%

2. 40%

3. 45%

4. 55%

Answer

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