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Make Income Statement and Balance Sheet using following information: 1. Debt to Assets = 35% 2. Quick Ratio = 1.2 3. Asset Turnover = 4
Make Income Statement and Balance Sheet using following information:
1. Debt to Assets = 35%
2. Quick Ratio = 1.2
3. Asset Turnover = 4 times
4. Fixed Asset Turnover = 8 times
5. Current Ratio = 1.5:1
6. Average Collection Period = 18 days
7. Sales = Rs.27,00,000
8. ROA = 38%
9. Operating Profit Margin = 45%
10. Gross Profit Margin = 65%
11. Taxes 30% of EBT
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