Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020: Liabilities Assets P 2,00,000 Share Capital Profit and
QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020: Liabilities Assets P 2,00,000 Share Capital Profit and Loss Account Land and Buildings Plant and Machinery 30,000 1,40,000 3,50.000 General Reserve 40,000 Stock 2,00,000 12% Debentures 4,20,000 1,00,000 Sunday Creditors 1,00,000 sundry Debtors Accounts Receivable Cash at Bank 10,000 40,000 Accounts Payable 50,000 8,40,000 8,40,000 Calculate: a. Current Ratio b. Quick Ratio c. Inventory to Working capital d. Debt to Equity Ratio e. Proprietary Ratio f. Capital Gearing Ratio g. Current Assets to Fixed Assets (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) (3 marks) (2 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started