ABC corporations report the following figures, you are required to Compute to' the following Ratios from the data (i) Current Ratio (ii) Acid Test Ratio (iii) Assets Turnover Ratio (iv) Inventory turnover Ratio (v) Average Collection Period (vi)Average Payment Period(20)

Account Receivables

Rs. 73,500

Opening Stock

Rs. 82,250

Net Credit Sales

441,000

Bank

14,000

Provision for bad debts

3,500

Bills Receivable

26,250

Sundry Creditors

56,000

Provision for Taxation

26,250

Loose tools

7,000

Bills Payable

50,750

Net Credit Purchases

315,000

Marketable securities

14,000

Cash

17,500

Closing stock

92,750