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Following are the information extracted from the balance sheet of Grow past LLC Liabilities OMR Assets OMR Equity Share Capital 200,000 Land & Building 250,000

Following are the information extracted from the balance sheet of Grow past LLC

Liabilities

OMR

Assets

OMR

Equity Share Capital

200,000

Land & Building

250,000

Preference Share Capital

100,000

Plant & Machinery

150,000

Reserves & Surplus

150,000

Furniture & Fittings

30,000

10% Debentures

120,000

Investment [Long-term]

70,000

12% long term Loan from NBO

80,000

Stock in Trade

80,000

Sundry Creditors

85,000

Sundry Debtors

130,000

Bills Payable

10,000

Cash in Hand

70,000

Bank Overdraft

75000

Bills Receivable

25,000

Outstanding Expenses

30,000

Cash at Bank

45,000

Total Liabilities

850,000

Total Assets

850,000

From the above information answer the following questions

1. What is the Capital Employed?

OMR 500,000

OMR 650,000

OMR 530,000

OMR 570,000

2. What is the Current Ratio?

2.45%

1.75%

1.75:1

2.45:1

3. What is the Solvency Ratio?

0.55

0.470

0.376

0.2

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