Amount (RO) 100,000 Cash in hands 1. From the following balance sheet of Sohel & Co Ltd as at 31 March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Equity shares capital Assets Amount (RO) 3,000 6%Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8% Public Debt 20,000 Short term investment 20,000 Bank over draft Creditors Outstanding expenses Proposed dividend Reserves 7,000 Furniture 10,000 Machinery 40,000 Debtors 70,000 60,000 Stocks 40,000 30,000 100,000 150,000 Land and Building 220,000 Provision for taxation 20,000 Good will 35,000 Net Profit 20,000 Preliminary Expenses 10,000 567,000 567,000 Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity 2. Calculate current ratio and Liquid/Quick ratio from the following: Sundry debtors RO 400,000 Stock RO 160,000 Marketable securities RO 80,000 Cash RO 120,000 Prepaid expenses RO 40,000 Bill payables RO 80,000 Sundry creditors RO 160,000 Debentures RO 200,000 Outstanding Expenses RO 160,000 3. Calculate current ratio and Liquid ratio from the following: Cash in hand and at Bank RO Share capital RO 152,000 30,000 Fixed Assets RO 113,000 Creditors RO 20,000 5% Debentures RO 24,000 Bill Payables RO 4,000 Debtors RO 18,000 Stock RO 52,000 General reserve RO 8,000 Profit and Loss A/c RO 5,000