From the information given below, calculate : (i). Working Capital; (ii). Capital Employed; (iii). Current Ratio; (iv).
Question:
From the information given below, calculate :
(i). Working Capital;
(ii). Capital Employed;
(iii). Current Ratio;
(iv). Acid Test Ratio; and
(v). Debt Equity Ratio.
Transcribed Image Text:
I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital: (b) Reserves and Surplus Equity Share Capital 12% Preference Share Capital Balance Sheet of ABC Ltd. as at 31st March, 2016 (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: Particulars (a) Long-term Borrowings -15% Debentures TOTAL (a) Short-term Borrowings - Bank Loan (b) Trade Payables - Sundry Creditors (b) Short-term Provisions Proposed Dividend Provision for Taxation Note No. Amount 1,50,000 30,000 24,000 48,000 12,000 16,000 2,000 10,000 2,92,000
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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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