Answer the following Compulsory question. Following is the balance sheet of S & Co. Liabilities Amount Equity share capital 12% Debenture Reserve Current liabilities Assets 1,00,000 Fixed assets 80,000 Current assets 40,000 60,000 2,80,000 Amount 2,20,000 60,000 2,80,000 The company's total assets turnover is 2 times; fixed operating cost is Rs.1,25,000; Variable operating cost is Rs 40% of sales. Tax rate is 25%.
Answer the following Compulsory question. Following is the balance sheet of S & Co. Liabilities Amount Equity share capital 12% Debenture Reserve Current liabilities Assets 1,00,000 Fixed assets 80,000 Current assets 40,000 60,000 2,80,000 Amount 2,20,000 60,000 2,80,000 The company's total assets turnover is 2 times; fixed operating cost is Rs.1,25,000; Variable operating cost is Rs 40% of sales. Tax rate is 25%.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Answer the following Compulsory question.
Following is the balance sheet of S & Co.
Liabilities
Amount
Equity share capital
12% Debenture
Reserve
Current liabilities
Assets
1,00,000
Fixed assets
80,000 Current assets
40,000
60,000
2,80,000
Amount
2,20,000
60,000
2,80,000
The company's total assets turnover is 2 times; fixed operating cost is Rs.1,25,000;
Variable operating cost is Rs 40% of sales. Tax rate is 25%.
Compute degree of financial, operating and combined/composite leverages.
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