From the following balance sheet of ABC Company, as 31st March 2007.

Other information:

1. Net Sales Rs. 60,000
2. Cost of Goods Sold Rs. 51,600
3. Net Income Before Tax Rs. 4,000
4. Net Income After Tax Rs. 2,000

Calculate appropriate ratios.

Rs 26.000 10.000 2.000 8000 14,000 Liabilities Equity Share Capital 7 Preference Share Capital Reserves and Surplus 6% Mortgage Debentures Current Liabilities: Creditors Bits payable Outstanding expenses Tax Provision Assets Find assets (less depreciation Rs. 10,000) Current Assets Cash Investments (0) Sundry debtors 1,200 2.000 200 1.000 3.000 4.000 6.000 2.600 40,000 40,000