Question
QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020: Liabilities P Assets P Share Capital Profit and
QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020:
Liabilities | P | Assets | P |
Share Capital Profit and Loss Account General Reserve 12% Debentures Sunday Creditors Accounts Payable | 2,00,000 30,000 40,000 4,20,000 1,00,000 50,000 | Land and Buildings Plant and Machinery Stock sundry Debtors Accounts Receivable Cash at Bank | 1,40,000 3,50,000 2,00,000 1,00,000 10,000 40,000 |
8,40,000 | 8,40,000 |
Calculate:
a. Current Ratio (3 marks)
b. Quick Ratio (3 marks)
c. Inventory to Working capital (3 marks)
d. Debt to Equity Ratio (3 marks)
e. Proprietary Ratio (3 marks)
f. Capital Gearing Ratio (3 marks)
g. Current Assets to Fixed Assets (2 marks)
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