Liabilities Equity shares capital 6%Preference share capital 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit Amount (RO) Assets 100,000 Cash in hands 100,000 Cash at bank 40,000 Bills Receivable 20,000 Short term investment 40,000 Debtors 60,000 Stocks 7,000 Furniture 10,000 Machinery 150,000 Land and Building 20,000 Good will 20,000 Preliminary Expenses 567,000 Amount (RO) 3,000 9,000 30,000 20,000 70,000 40,000 30,000 100,000 220,000 35,000 10,000 567,000 Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity