Question
From the following information of a textile company complete the balance sheet if its sales are Rs.32,00,000( 06 marks ) Sales to net worth Sales
From the following information of a textile company complete the balance sheet if its sales are Rs.32,00,000( 06 marks )
Sales to net worth Sales / net worth 2.3
Current debts to net worth current debts / net worth 42%
Total debts to net worth Total debts / net worth 75%
Current ratio Current assets / Current liabilities 2.9
Net sales to inventory net sales / inventory 4.7
Average collection period 360/ receivable in time 64
Fixed assets to net worth fixed assets / net worth 53.2%
Balance sheet
Cash ? Current debts ?
Stock ? long term debts ?
A/c receivable ? share holder equity ?
Fixed assets ?
Total assets ? liabilities + share holder equity ?
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