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Central Bank Of India SO Practice Questions - Central Bank Of India Specialist Officer (SO) Exam

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A firm has a Tangible Net Worth of ₹300 lakhs. Its long-term liabilities are ₹150 lakhs and short-term liabilities are ₹150 lakhs. What is the Debt-Equity Ratio of the firm (taking long-term debt as debt)?
Correct Answer:
0.50

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