IPA IP 2026 Question 26
A question IPA Japan published in 令和8年度 ITパスポート試験 公開問題 問26, translated into English. ITPEC is based on the same exams.
The table is the balance sheet of Company A. What is the equity ratio of Company A in percentage?
Explanation
30% — the equity ratio is net assets (equity) divided by total assets.
- •Total assets: 730 + 270 = 1,000 million yen
- •Net assets (equity): capital stock 300 million yen
- •Equity ratio: 300 ÷ 1,000 × 100 = 30%
Check: liabilities 200 + 500 = 700 plus net assets 300 also give 1,000, as the two sides of a balance sheet must. A higher equity ratio means less of the company is financed by debt, so it is a measure of financial stability.
Answer (a)
Why not others:
- •(b) 54 — matches fixed assets over fixed liabilities, 270 ÷ 500, which says nothing about equity
- •(c) 70 — total liabilities over total assets, 700 ÷ 1,000: the debt ratio, the complement of the equity ratio
- •(d) 90 — fixed assets over equity, 270 ÷ 300: the fixed ratio, which checks whether long-term assets are covered by equity
Key rule: Equity ratio = net assets ÷ total assets × 100; total assets also equal liabilities plus net assets.
Corporate Activities · AI-written, may contain errors
This question comes from the past questions IPA Japan publishes, translated into English by ITPEC Practice. ITPEC Practice is an independent study tool and is not affiliated with IPA or ITPEC. See the original paper (PDF) or Report an issue.