The following is the Balance Sheet of a company as on 31stMarch:LiabilitiesRs.AssetsRs.1,40,0003,50,0002,00,0001,00,00010,00040,0008,40,000Share CapitalProfit & Loss AccountLand and BuildingsPlant and Machinery2,00,00030,00040,0004,20,0001,00,00050,0008,40,000General ReserveStockSundry DebtorsBills Receivable12% DebenturesSundry CreditorsBills PayableCash at BankCalculate :(1) Current Ratio(2) Quick Ratio(3) Inventory to working Capital(4) Debt to Equity Ratio(5) Proprietary Ratio(6) Capital Gearing Ratio(7) Current Assets to Fixed Assets

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The following is the Balance Sheet of a company as on 31st March: Liabilities Rs. Assets Rs. Land and Buildings Plant and Machinery 1,40,000 3,50,000 2,00,000 1,00,000 10,000 40,000 8,40,000 Share Capital 2,00,000 30,000 40,000 4,20,000 1,00,000 50,000 8,40,000 Profit & Loss Account General Reserve Stock Sundry Debtors Bills Receivable 12% Debentures Sundry Creditors Bills Payable Cash at Bank Calculate : (1) Current Ratio (2) Quick Ratio (3) Inventory to working Capital (4) Debt to Equity Ratio (5) Proprietary Ratio (6) Capital Gearing Ratio (7) Current Assets to Fixed Assets

The following is the Balance Sheet of a company as on 31st March: Liabilities Rs. Assets Rs. Land and Buildings Plant and Machinery 1,40,000 3,50,000 2,00,000 1,00,000 10,000 40,000 8,40,000 Share Capital 2,00,000 30,000 40,000 4,20,000 1,00,000 50,000 8,40,000 Profit & Loss Account General Reserve Stock Sundry Debtors Bills Receivable 12% Debentures Sundry Creditors Bills Payable Cash at Bank Calculate : (1) Current Ratio (2) Quick Ratio (3) Inventory to working Capital (4) Debt to Equity Ratio (5) Proprietary Ratio (6) Capital Gearing Ratio (7) Current Assets to Fixed Assets

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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