Income statement

net sales 1065 cost of goods sold 805 stocks 600 wages and salaries 12 other manufacturing expenses 85 gross profit to 60 operating expenses 90 depreciation 50 selling and general expenses 40 profit before interest and tax 170 interest 25 profit before tax 135 Tax value 50 profit after tax 85 Dividends 35 retained earnings 50

Balance sheet

Shareholders funds 505 share capital 125 reserves and surplus 380 loan funds 280 secured loans 180 Due after 1 years 130 within 1 years 50 unsecured loans 100 Due after 1 year 60 due within one year 40 total 785 application of funds

net fixed assets 550 investments 30 long term 20 current investment 10 current assets loans and advances 355 inventory 160 Sundry debtors 120 cash / Bank balances 25 loans / advances 50 current liabilities / provision 150 net current assets 205 total 785 Q find out the following ratios with working current ratio acid test ratio cash ratio debt to equity ratio interest coverage ratio fixed cost charges ratio inventory turnover ratio fixed asset turnover ratio total asset turnover ratio gross profit margin net profit margin return on assets ratio earning power ratio return on equity debtors turnover ratio