AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 110 Topic 12 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 110 Topic 12 Discussion

CWM_LEVEL_2 Exam Topic 12 Question 110 Discussion:
Question #: 110
Topic #: 12

Section A (1 Mark)

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


A.

Rs.12 lac.


B.

Rs.8 lac


C.

Rs.4 lac.


D.

Rs.2 lac.


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