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Following is a snapshot of the Balance Sheet of Muscat Capital Company as on 31 December 2020. OMR OMR Equity share capital 500,000 Cash 10,000
Following is a snapshot of the Balance Sheet of Muscat Capital Company as on 31 December 2020. OMR OMR Equity share capital 500,000 Cash 10,000 6% Debenture 90,000 Account receivable 100,000 Accrued expenses 30,000 Inventory 140,000 Account payable 80,000 Equipment 450,000 Total 700,000 Total 700,000 1. Calculate the debt to total funds ratio. . 2. Calculate debt to equity ratio. . 3. Calculate the acid test ratio
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