AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 135 Topic 14 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 135 Topic 14 Discussion

CWM_LEVEL_2 Exam Topic 14 Question 135 Discussion:
Question #: 135
Topic #: 14

Section A (1 Mark)

Debt Equity Ratio is 3:1,the amount of total assets Rs.20 lac, current ratio is 1.5:1 and owned funds Rs.3 lac. What is the amount of current asset?


A.

Rs.5 lac


B.

Rs.3 lac


C.

Rs.12 lac


D.

None of the above.


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