0 votes
in Accounts by (57.7k points)

State one transaction which result in a decrease in ' debt-equity ratio ' and no change in' current Ratio'.

1 Answer

+1 vote
by (55.7k points)
selected by
Best answer

 Conversion of debentures into shares.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.