ABC Ltd & sells toys where the equity share capital is Rs 10 Lakh at the face value of Rs 10 each. At the end of the financial year, the current assets are Rs 2 lakhs consisting of stock Rs 50000 & debtors is Rs 150000 & current liabilities is Rs 1 lakh.

Following information given related to the Income statement.

Particulars	Amount
Revenue from operations	300000
Cost of Sales	100000
Administrative expenses	20000
Commission on Sales	10000
Advertisement Expenses	20000

Calculate the Profitability of ratios and Liquidity ratio and interpret on both the ratios