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Credit m Debit m 3.0 0.5 2.0 5.0 18.0 35.0 Account Bank Overdraft Cash Dividends Payable Finished Goods Fixtures and Fittings Land and Buildings Long
Credit m Debit m 3.0 0.5 2.0 5.0 18.0 35.0 Account Bank Overdraft Cash Dividends Payable Finished Goods Fixtures and Fittings Land and Buildings Long Term Loan Motor Vehicles Prepayment Ordinary Share Capital Plant and Machinery Raw Materials Retained Profits Taxation Payable Accounts Payable Accounts Receivable Work In Progress 10.0 5.0 1.0 50.0 8.0 2.5 13.0 4.0 8.0 12.0 3.0 90.0 90.0 10 marks b. Using Mega Ltd 's corrected trial balance to answer the following questions: I. What is the value of non-current assets? II. What is the company's gearing percentage? III. What is the company's working capital? IV. What is the company's current ratio? V. What is the company's acid test ratio? VI. What is the company's capital employed? VII. What is the value of the shareholders' funds
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