Below is the balances from the balance sheet of Ranbeer Steel Limited as on 31^st March, 2018 and 2019:

Section B - Case Study (Mandatory) 10 Marks Below is the balances from the balance sheet of Ranbeer Steel Limited as on 31* March, 2018 and 2019: 2018 2019 2018 2019 Particulars Amount Amount Particulars Amount Amount Equity Share Capital 2000000 2000000 Fixed Assets 4800000 5000000 10% Preference Capital 1000000 1000000 Stock 125000 75000 Reserves & Surplus 11.00.000 11.00.000 Debtors 207000 75000 10% Debentures 900000 1000000 Bills Receivables 100000 50000 Creditors 1200000 1000000 Cash 225000 200000 Bills Payable 50000 45000 Fictitious Assets 800000 750000 Outstanding Expenses 7000 5000 Total 6257000 61 50000 6257000 6150000 As Finance Manager, advise the management of Alka Steel Limited on the liquidity position, efficiency and solvency position of the company using ratio analysis. Comment whether the three positions are better than last year? What measures, would you suggest company to take to improve the overall financial position of the steel company