Assuming that Proprietary Ratio is 0.6 : 1, state giving reasons, whether the ratio will increase, decrease or will not change in each one of the following cases:
(i) Issue of new equity shares for cash.
(ii) Issue of equity shares against purchase of machinery.
(iii) Issue of debentures against purchase of machiney.
(iv) Redemption of debentures for cash.
(v) Conversion of debentures into preference shares.
(vi) Buy-back of its own shares by a company.
(vii) Purchase of a fixed asset for cash.
(viii) Purchase of a fixed asset on long-term deferred payment basis.
(ix) Sale of a fixed asset costing Rs. 1,00,000 for Rs. 80,000.
(x) Sale of a fixed asset costing Rs. 2,00,000 for Rs. 2,50,000.
(xi) Issue of Bonus Shares.
Proprietary Ratio=Shareholder's FundsTotal Assets