Following are the particulars pertaining to Assets and Liabilities of a company 5000 equity shares $10 each 500000 8% 2000 pre shares $100 each 200000 9% 4000 Debentures of $ 100 each 400000 Reserves 300000 Creditors 150000 Bank overdraft 50000 Land & Building 500000 Plant & Machinery 600000 Debtors 200000 Stock 240000 Cash and Bank 5500 Prepaid expenses 5000.

Q-1) Calculate current ratio. Q-2) Calculate Debt to equity ratio. Q-3) Liquid Assets do not include. a) Bills receivable b) Debtors c) Inventory d) Bank Balance. Q-4) Calculate Liquidity ratio.