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5. The following is the condensed form of the balance sheets of XYZ Limited for the three years ended 31 December 2002, 31 December 2003

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5. The following is the condensed form of the balance sheets of XYZ Limited for the three years ended 31 December 2002, 31 December 2003 and 31 December 2004. (Rupees in lakhs) The company earned the net profit before providing for income tax at 50 paise per rupee. Equity shareholders to get dividends 50% more than preference shareholders. Calculate the following ratios and comments thereon i. Acid test ratio ii. Stock turnover ratio iii. Earnings per share iv. Ratio of fixed assets to shareholders' funds v. Return on capital employed

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