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Prepare the balance sheet from below information. Current Ratio 2.5 times Working Capital 300,000 Liquidity Ratio 1.5 times Stock turn Over Ratio 6 GP Ratio
| Prepare the balance sheet from below information.
|
| Current Ratio 2.5 times |
| Working Capital 300,000 |
| Liquidity Ratio 1.5 times |
| Stock turn Over Ratio 6 |
| GP Ratio 20% |
| Receivable T/o in days 2 months |
| Share Holder Equity 50,000 |
| Reserves 250,000 |
| Fixed Asset T/O (COGS) 2 |
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Personal Finance
Authors: Jack Kapoor
12th Edition
125996776X, 9781259967764
