Advanced AccountingMCQQuestion 5968 of 302
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3. Debt Equity Ratio Test: Loans cannot be in excess of twice the Equity Funds post Buy-Back Particulars ` in thousands

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — Loan funds 2,000

All Options:

  • ALoan funds 2,000 ✓
  • B] 330 (f) Maximum number of shares that can be bought back @ ₹ 30 per share 11,000 shares
  • CPresent equity shareholders fund (`) 1,440
  • D–

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

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