Calculate the following ratios and interpret the results: (Use the information attached with the paper). Debt to Capitalization ratioAcid test ratioInventory turnover ratio (in days)Times interest earned ratio GA finmedium.com/2020/10/nestle-india-2020-annual-report/MBALANCE SHEET AS AT 31 DECEMBER 2019NOTESAs at31 December 2019 31 December 2018(R in million)As atRin million)ASSETSNon-current assetsProperty, Plant and EquipmentCapital work-in-progressFinancial AssetsInvestmentsLoansOther non-curent assets4.22.267.11,433.024,006.21,052.07,436.0469.8804.432.410.37,333.6401.4718.133,511.3Current assetsInventoriesFinancial AssetsInvestmentsTrade receivablesCash and cash equivalentsBank Balances other than cash and cash equivalentsLoansOther financial assetsCurrent tax assetsOther current assets12,830.79,655.510.074.51,243.312.931.6148.9124.6557.919,251.31,245.915,987.7112.9178.9524.9188.5223.947.369.5B0.880.81112131415260.238,171.770.582.0Total AssetsEQUITY AND LIABILITIESEQUITYEquity Share CapitalOther Equity1617964.218,358.419,322.6964.235,773.236,737.4LIABLITESNon-current liabilitlesFinancial LiabilitiesBorrowingsProvisionsDeferred tax liabilities (net)Other non-current liabilities531.429,069.1179.54.329,784.3351.424,649.2588.25.125,593.9Current liabilitiesFinancial LiabilitiesTrade payablesTotal outstanding dues of micro enterprises and small enterprisesTotal outstanding dues of creditors other than micro enterprisesand small enterprisesOther financial liabilitiesProvisionsCurrent tax liabilitiesOther current liabilities340.214,606.746107.712,296.04,314.8854.619.21,339.621.475.170.582.0233,161.81,572.6241,411.418.549.580.880.8Total Equity and liabilities7:44 AM8/9/2021近 GA finmedium.com/2020/10/nestle-india-2020-annual-report/MP&LSTATEMENT OF PROFIT AND LOSSFOR THE YEAR ENDED 31 DECEMBER 2019NOTESYear endedYear ended31 December 201931 December 2018(Rin million)(t in million)A INCOMEDomestic Sales116,567.9105,075.4Export Sales6,384.87,086.9Sale of products32122.952.7112,162.3Other operating revenues25736.3760.4123,689.0112,922.7i Revenue from operationsi Other Income262,468.8126,157.82,589.2Total Income115,511.9B EXPENSESi Cost of materials consumed2751,503.043,656.8i Purchases of stock-in-trade2,178.12,305.6i Changes in inventories of finished goods, work-in- 28progress and stock-in-tradeiv Employee benefits expensev Finance costs lincluding interest cost on employee 30benefit plans)(1,441.9)(60.1)2912.629.511,241.51,198.31,119.5vi Depreciation and Amortisationvii Other expenses43,163.63,356.73129.545.428,181.1vi Impairment loss on property, plant and equipment 4110.8Net provision for contingencies36ix -Operations248.8621.7-Others248.8415.11036.8xi Corporate social responsibility expense273.791,222.437383.1Total Expenses99,407.9C PROFIT BEFORE TAX (A-8)D Tax expense26,749.924.289.5Current tax387,470.08,848.7Deferred tax38(415.6)7,054.4(628.5)8,220.2E PROFIT AFTER TAX (C-D)19,695.516,069.37:54 AM8/9/2021

Answered: Calculate the following ratios and…

Calculate the following ratios and interpret the results: (Use the information attached with the paper). Debt to Capitalization ratio Acid test ratio Inventory turnover ratio (in days)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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