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1. From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. You may use

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1. From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8%. Public Debt 20.000 Short term investment 20,000 Bank over draft 40,000 Debtors 70,000 Creditors 60,000 Stocks 40,000 Outstanding expenses 7,000 Furniture 30,000 Proposed dividend 10,000 Machinery 100,000 Reserves 150,000 Land and Building 220,000 Provision for taxation 20,000 Good will 35.000 Net Profit 20,000 Preliminary Expenses 10,000 567.000 567,000 Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity 2. Calculate current ratio and Liquid Quick ratio from the following: Sundry debtors RO 400,000 Stock RO 160,000 Marketable securities RO 80,000 Cash RO 120,000 Prepaid expenses RO 40,000 Bill payables RO 80,000 Sundry creditors RO 160,000 Debentures RO 200,000 Outstanding Expenses RO 160,000 3. Calculate current ratio and Liquid ratio from the following: Share capital RO 152,000 Cash in hand and at Bank RO 30,000 Fixed Assets RO 113,000 Creditors RO 20,000 5% Debentures RO 24,000 Bill Payables RO 4,000 Debtors RO 18,000 Stock RO 52,000 General reserve RO 8,000 Profit and Loss A/C RO 5,000 4. From the following, calculate the debt-equity ratio: Equity Shares Capital RO 100,000 General Reserve RO 45,000 Accumulated Profits RO 30,000 Debentures RO 75,000 Sundry creditors RO 40,000 Outstanding expenses RO 10,000 5. From the following, calculate the debt-equity ratio: Equity Shares Capital RO 200,000 General Reserve RO 50,000 Accumulated Loss RO 20,000 Debentures RO 80,000 Sundry creditors RO 35,000 Outstanding expenses RO 20,000 Preference Share capital RO 100,000

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