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Particulars Amount Rs. Turnover 4,000,000 Purchases 2,750,000 Stock as at 1 st April -2019 500,000 Other income 40,000 Administration Expenses 200,000 Selling and Distribution cost

Particulars

Amount

Rs.

Turnover

4,000,000

Purchases

2,750,000

Stock as at 1st April -2019

500,000

Other income

40,000

Administration Expenses

200,000

Selling and Distribution cost

160,000

Finance Cost

90,000

Other expenses

60,000

Share capital

1,500,000

Income tax

148,000

Reserves

618,000

Long term Bank Loan

800,000

Other long term loans

200,000

Creditors

300,000

Other short-term payables

1,200,000

Property, Plant and Equipments

1,750,000

Investment

250,000

Fixed Deposit

950,000

Debtors

1,000,000

Other receivables

600,000

Cash and bank balance

200,000

Additional Information

Closing Stock as at 1st April 2020 - Rs. 250,000

Debt includes only long term liability (for the purpose of ratio Calculation) and Equity includes Share capital, Retained profit and Reserves.

You are required to prepare,

Income Statement for the year ended 31st March 2020.

Statement of Financial Position as at 31st March 2020.

You are also required to calculate,

Gross Profit Ratio

Net Profit Ratio

Current Ratio

Quick Ratio

Return On Asset ( ROA)

Debt Equity Ratio

Pls ASAP

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