Question
Following are the information extracted from the balance sheet of No worries LLC Liabilities OMR Assets OMR Equity Share Capital 400,000 Land & Building 200,000
Following are the information extracted from the balance sheet of No worries LLC
Liabilities | OMR | Assets | OMR |
Equity Share Capital | 400,000 | Land & Building | 200,000 |
Preference Share Capital | 100,000 | Plant & Machinery | 150,000 |
General Reserves | 40,000 | Furniture & Fittings | 110,000 |
Profit and loss Account balance | 150,000 | Investment [Long-term] | 200,000 |
10% Debentures | 100,000 | Stock in Trade | 80,000 |
Sundry Creditors | 60,000 | Sundry Debtors | 90,000 |
Bills Payable | 10,000 | Cash in Hand | 40,000 |
Bank Overdraft | 40,000 | Bills Receivable | 30,000 |
| 900,000 |
| 900,000 |
From the above information answer the following questions
1 What is the Capital Employed?
2 What is the Current Ratio?
3 What is the Solvency Ratio?
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