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Following items appear in the accounts of Al Mazoon trading company, Muscat as on 31st March, 2020 : Cash 48,600 Bank Overdraft 52,000 Land and

Following items appear in the accounts of Al Mazoon trading company, Muscat as on 31st March, 2020 :

Cash

48,600

Bank Overdraft

52,000

Land and Building

600,000

Equity Shares of OMR 10 each

10,00,000

Furniture and fittings

300,000

5% preference shares

OMR 10 each

50000

Payments in advance

62,000

Bills Payable

86,250

Inventories

8000

Long-term loans from Bank Muscat

1500

Trade Creditors

4,05,750

Trade Investment

20,000

General Reserve

4,57,000

Provision for Taxation

1,24,000

Sundry Debtors

7000

Sundry creditors

90000

Bills Receivables

22,600

Outstanding Expenses

18,000

Plant and Machinery

50000

Net Sales for the year

21,82,400

10% Debentures

2,50,000

Net Profit for the year

(before tax & dividends)

5,27,830

Statement of Profit for the year ended 31st March, 2020

Sales

OMR 21,82,400

Less : Cost of goods sold

OMR 1100

Interest

OMR 4000

OMR 30000

Net profit

OMR 527, 830

Additional Information:

Market price per equity share OMR 13.50

Tax rate for the company is 15%

You are required to arrange the above items in the form of a financial statement to show the following financial Ratios which should be stated:

1. Gross profit Margin

2. ROCE

3. Current ratio(required

4. Quick ratio

5. EPS

6. Debt to total funds

7. Debt to equity ratio

8. Return on equity

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