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I need handwritten solution Q2 The J Company's recent Balance sheet is as follows: I Liabilities I Amount I Assets I Amount I | Equity

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I need handwritten solution

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Q2 The J Company's recent Balance sheet is as follows: I Liabilities I Amount I Assets I Amount I | Equity capital (Rs.10 per share) | 60,000 | Net Fixed assets | 150000 | | Retained Earnings | 20,000 | Current assets | 50000 | I 10% Long term debt I 30,000 I I I | Current Liabilities | 40,000 | | | 200,000 200,000 The company's total assets turnover ratio based on sales is 4.0. Its xed operating costs are Rs. 100,000. Its variable operating costs ratio is 40%. Income tax rate is 40%. Required: a. Calculate three types of leverages. 1:. Determine likely level of EBIT if EPS is Rs. 3 and R30

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