1. From the following balance sheet of Sohel & Co Ltd as at 314 March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Equity shares capital 6%Preference share capital 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit Amount (RO) Assets Amount (RO) 100,000 Cash in hands 3,000 100,000 Cash at bank 9,000 40,000 Bills Receivable 30,000 20,000 Short term investment 20,000 40,000 Debtors 70,000 60,000 Stocks 40,000 7,000 Furniture 30,000 10,000 Machinery 100,000 150,000 Land and Building 220,000 20,000 Good will 35,000 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