In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long

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In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long term sources is `12 lac. What is the amount of tangible net worth of the firm? Select one:

a. ` 2 lac

b. `12 lac

c. ` 4 lac.

d. `8 lac

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Fundamentals of Cost Accounting

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Authors: William Lanen, Shannon Anderson, Michael Maher

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Posted Date: Jan 21, 2023 06:38 AM

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In the Balance sheet of a firm, the debt equity ratio is 2:1. The amount of long

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Fundamentals of Cost Accounting

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