Following are the information extracted from the balance sheet of Grow past LLC Liabilities OMR Assets OMR Equity Share Capital 200,000 Land & Building 250,000 Preference Share Capital 100,000 Plant & Machinery 150,000 Reserves & Surplus 150,000 Furniture & Fittings 30,000 10% Debentures 120,000 Investment [Long-term] 70,000 12% long term Loan from NBO 80,000 Stock in Trade 80,000 Sundry Creditors 85,000 Sundry Debtors 130,000 Bills Payable 40,000 Cash in Hand 70,000 Bank Overdraft 75000 Bills Receivable 70,000 850,000 850,000 From the above information answer the following questions 1 What is the Capital Employed? OMR 570,000 OMR 530,000 OMR 650,000 2 What is the Current Ratio? None of them 3 What is the Solvency Ratio?

Following are the information extracted from the balance sheet of Grow past LLC Liabilities OMR Assets OMR Equity Share Capital 200,000 Land & Building 250,000 Preference Share Capital 100,000 Plant & Machinery 150,000 Reserves & Surplus 150,000 Furniture & Fittings 30,000 10% Debentures 120,000 Investment [Long-term] 70,000 12% long term Loan from NBO 80,000 Stock in Trade 80,000 Sundry Creditors 85,000 Sundry Debtors 130,000 Bills Payable 40,000 Cash in Hand 70,000 Bank Overdraft 75000 Bills Receivable 70,000 850,000 850,000 From the above information answer the following questions 1 What is the Capital Employed? OMR 570,000 OMR 530,000 OMR 650,000 2 What is the Current Ratio? None of them 3 What is the Solvency Ratio?

Name: Following are the information extracted from the balance sheet of Gro
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Description: Following are the information extracted from the balance sheet of Grow past LLCLiabilitiesOMRAssetsOMREquity Share Capital200,000Land & Building250,000Preference Share Capital100,000Plant & Machinery150,000Reserves & Surplus150,000Furniture & Fittin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Following are the information extracted from the balance sheet of Grow past LLC
Liabilities
OMR
Assets
OMR
Equity Share Capital
200,000
Land & Building
250,000
Preference Share Capital
100,000
Plant & Machinery
150,000
Reserves & Surplus
150,000
Furniture & Fittings
30,000
10% Debentures
120,000
Investment [Long-term]
70,000
12% long term Loan from NBO
80,000
Stock in Trade
80,000
Sundry Creditors
85,000
Sundry Debtors
130,000
Bills Payable
40,000
Cash in Hand
70,000
Bank Overdraft
75000
Bills Receivable
70,000
850,000
850,000
From the above information answer the following questions
1 What is the Capital Employed?
OMR 570,000
OMR 530,000
OMR 650,000
2 What is the Current Ratio?
None of them
3 What is the Solvency Ratio?

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