From the following financial statements of M/s. Chawan and co, calculate the below ratios. BALANCE SHEET AS ON 31ST MARCH, 2020 LIABILITIES RS ASSETS RS Equity Share capital General Reserves 5,00,000 Land & Building 3,50,000 3,00,000 Plant & Machinery 2,50,000 Profit & Loss Account 2,00,000 Stock 3,00,000 Sundry Creditors 1,00,000 Debtors 2,00,000 Long term debt 1,00,000 Cash & Bank 1,00,000 12,00,000 12,00,000 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31ST MARCH, 2020 Opening Stock Purchases Credit Gross Profit 1,00,000 Sales - Cash 6,00,000 8,00,000 Sales - Credit 10,00,000 9,00,000 Closing Stock 2,00,000 18,00,000 18,00,000 Office & Admin Expenses 2,00,000 Gross Profit 9,00,000 Office & Admin Expenses Selling & Distribution Exp Other Expenses Net Profit 2,00,000 Gross Profit 9,00,000 1,00,000 Profit on sale of assets 25,000 25,000 6,00,000 9,25,000 9,25,000 Calculate: 1. Current Ratio 2. Liquid Ratio 3. Stock (also called Inventory) Turnover Ratio 4. Fixed Assets Turnover Ratio 5. Proprietary ratio 6. Debt to Equity Ratio 7. Debtors Velocity Ratio (calculate in terms of days) (Assume 360 days in a year) 8. Creditors Velocity Ratio (calculate in terms of days) (Assume 360 days in a year) Please calculate all the ratios