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12. The Balance sheet of Alpha Numeric Company is given below:LiabilitiesRsAssetsRsEquity capital (Rs90,000Net Fixed Assets2,25,00010 per share)10% Long-term debt1,20,000Current asset75,000Retained earnings30,000Current Liabilities60,0003,00,0003,00,000The company's total assets

12. The Balance sheet of Alpha Numeric Company is given below:LiabilitiesRsAssetsRsEquity capital (Rs90,000Net Fixed Assets2,25,00010 per share)10% Long-term debt1,20,000Current asset75,000Retained earnings30,000Current Liabilities60,0003,00,0003,00,000The company's total assets turnover ratio is 3, its fixed operating cost is Rs 1,50,000 andits variable operating cost ratio is 50%. The income tax rate is 50%You are required to:a) Calculate the different types of leverages for the companyb) Determine the likely level of EBIT if EPS is Rs 1

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