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From the following… (Class 12 Accountancy 2026, Q33a)

questionbuddy.in/q/cbse-12-accountancy-2026-67-1-1-q33a-information-calculate-current-ratio-debt

AccountancyCBSE Class 12 · Board exam 2026, set 67/1/1 · 4 marks · Long answer

CBSE Class 12 Accountancy 2026: question 33(a)

Set in the CBSE Class 12 board exam of 2026, paper 67/1/1, section B-I, question 33(a), for 4 marks. Try it first; the hints and our step-by-step solution are below.

Q33(a) · 4 marks · Long answerAccounting Ratios

From the following information, calculate :

(i) Current ratio and

(ii) Debt to capital employed ratio

Information₹
Total Assets6,00,000
Non-Current Liabilities1,40,000
Shareholders' Funds4,20,000
Non-current Assets5,20,000

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 67/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Total assets = total of equity and liabilities.

Hint 2

Capital employed = shareholders' funds + non-current liabilities.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Current assets = total assets − non-current assets = 6,00,000 − 5,20,000 = ₹ 80,000. Current liabilities = total assets − non-current liabilities − shareholders' funds = 6,00,000 − 1,40,000 − 4,20,000 = ₹ 40,000.

    1 mark

  2. (i) Current ratio = 80,000 / 40,000 = 2 : 1.

    1 mark

  3. Debt = non-current liabilities ₹ 1,40,000; capital employed = 4,20,000 + 1,40,000 = ₹ 5,60,000 (equally, 5,20,000 + 80,000 − 40,000).

    1 mark

  4. (ii) Debt to capital employed = 1,40,000 / 5,60,000 = 0.25 : 1 (1 : 4).

    1 mark

Answer: (i) Current ratio 2 : 1 (ii) Debt to capital employed 0.25 : 1

Where the marks are

  • Current assets and liabilities (1 mark)
  • Current ratio (1 mark)
  • Debt and capital employed (1 mark)
  • Debt to capital employed ratio (1 mark)

Revise the chapter

  • Chapter: Accounting Ratios (notes, formulas, where marks are lost and every past question)
Practise this chapterBoard-style questions from Accounting Ratios, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 67/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.