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Click After Submitting Test Q. BS The balance sheet of Y Ltd as on 31 March, 2005 is as follows; (Rs in lakhs) Liabilities Capital

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Click After Submitting Test Q. BS The balance sheet of Y Ltd as on 31 March, 2005 is as follows; (Rs in lakhs) Liabilities Capital 266 Assets Fixed Assets Less: Depreciation 400 140 260 Loans Creditors & other current assets 100 129 Investments Closing Stock Debtors Cash Bank Other current assets Pre-paid Expenses Total 40 120 70 20 25 60 595 Total 595 (Rs. In lakhs) In addition, you are given following information: Sales (60% sales are on credit) 600 EBIT 150 Interest 24 Provision for Tax 60 Based on above information, please calculate: a) Return on Capital Employed b) Current Ratio c) Inventory turnover ratio d) Collection Period e) Debt-Equity Ratio (Marks:10)

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