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Q.6 (CSS-2008, Paper #1, Q. #4) The following data are extracted from the published accounts of two companies in an industry: X Co. Ltd

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Q.6 (CSS-2008, Paper #1, Q. #4) The following data are extracted from the published accounts of two companies in an industry: X Co. Ltd Rs. Y Co. Ltd. Rs. Sales 16,00,000 15,00,000 Profit after tax 61,500 79,000 Equity Capital 5,00,000 4,00,000 (Rs. 10 per share fully paid) General Reserve 1,16,000 3,21,000 Long-Term Debts 4,00,000 3,30,000 Creditors 1,91,000 2,74,500 Bank Credit (short term) 30,000 1,00,000 Fixed Assets 7,99,500 7,95,000 Inventories 1,65,500 4,04,500 Other Current Assets 2,72,000 2,26,000 You are required to calculate the following Ratios of both companies: (a) Current ratio (b) Quick Ratio (c) Net Profit Ratio (d) Stock turnover (e) Debt equity ratio

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