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= Fixed Interest & Dividend Bearing Funds Equity Share holders fund Fixed Interest & Dividend Bearing Funds = pref sh. (3,60,000) + debentures (2,40,000) = 6,00,000 Equity Shareholders fund = Eq. Shares (2,00,000) + GR (1,40,000) – profit & loss (28000) =3,12,000 = 600,000 / 3,12,000 = 1.92
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