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Debt equity ratio is 2 ; 1, which of the following will decrease this: 

a) Issue of new shares for cash 

b) Conversion of debentures into equity shares 

c) Sale of fixed asset at a profit 

d) Purchase of fixed asset on long term referred payment basis. 

i) a, b, c, d 

ii) only a & b

iii) only a, b, c 

iv) only d

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1 Answer

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by (32.2k points)

iii) only a, b, c 

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