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Assignment Questions: Q1. Prepare common size balance sheet of H.G.Ltd from the following information. a) You are required to analysis its financial position. Liabilities 2018(OMR)

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Assignment Questions: Q1. Prepare common size balance sheet of H.G.Ltd from the following information. a) You are required to analysis its financial position. Liabilities 2018(OMR) 2019(OMR) Assets 2018(OMR) 2019(OMR) Share Capital 2400 3600 Land Building 1620 1040 Reserves 1872 2124 Plant and machinery 1860 4716 Debentures 300 600 Furniture 54 108 Long term Debt 900 1530 Other fixed assets 120 180 Bills Payable 1530 702 Cash and bank 708 60 Other current 42 60 Bill receivable 1254 1120 Liabilities Stock 960 780 Prepaid expenses 18 18 Other current assets 174 240 7,044 8,616 7,044 8,616

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