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. Following is the Balance sheet of Nizwa Iron & Steel LLC for the year ending December 31, 2020: Assets Amount Liabilities & Capital Amount

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. Following is the Balance sheet of Nizwa Iron & Steel LLC for the year ending December 31, 2020: Assets Amount Liabilities & Capital Amount Current Assets Current Liabilities Cash & Cash Equivalents 10,000 Sundry Creditors 25,000 Sundry Debtors 25,000 Bank Overdraft 10,000 Inventory 15.000 Non-Current Liabilities Fixed Assets Loan from Bank Muscat 50,000 Property, Plant & Equipment 85,000 Net worth/ Capital Furniture 25,000 Common Stock 50,000 Reserves & Surpluses 25,000 Total Assets 160,000 Total Liabilities & Capital 160,000 Calculate Solvency Ratio and Debt-Equity Ratio from the given Balance Sheet

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