2/a/ M2O1A ODOM20/details ence Sheet March 2013 12.000.00 2,000.00 1,000.00 LEquity and Liedes 1. Shareholders funds al Share by Reserves and surplus Money received against share warrants 2. Non-currentes a) Long-term borrowings b) Other long-term liabilities Long-term provisions 2. Current Liabilities a) Short-term borrowings D] Trade payables Other current liabilities d) Short term provisions 4,000.00 400.00 600.00 2,000.00 1,000.00 500.00 1.500.00 25,000.00 Assets 1. Non Current Assets a) Fixed assets 15.000.00 2,000.00 1,000.00 Dj Non-current investments Clong term loans and advances 2. Current Assets al Current investments bi inventories Trade receivables danhand cash equivalent e) Short term loans and advances 1.500.00 1,500.00 1.000.00 2,500.00 500.00 25,000.00 Required I Calculate the outy ratio rut your ult Page 12 Number 2 Transatlantic Venture bought two types of electronic calculators for sale. Model A costs $42.00 and sells for $56.50. Model B costs $78.00 and sells for $95.00. Business overhead is 24% of cost. For each model, determine i, the markup or gross profit ii, the operating expenses or overhead ili, the profit Number 3 A company sells a product at $35 per unit. The variable cost for the product is $30 per unit and its fixed cost is $70,000 i, what is the quantity the firm must sell to breakeven ii what is the breakeven point in dollars