Reserve Provision for taxation Net Profit 10,0 Land and Building 20,000 Good will 20,000 Preliminary Expenses 567,000 220,000 35,000 10,000 567,000 Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity 1. From the following balance sheet of Sohel & Co Ltd as at 314 March 2013 and also comment on the ratios. You may use online sources to write about the ratios. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 6%Preference share capital 100,000 Cash at bank 9,0001 |7%Debentures 40,000 Bills Receivable 30,000 8% Public Debt 20,000 Short term investment 20,000 Bank over draft 40,000 Debtors 70,000 Creditors 60,000 Stocks 40,000 Outstanding expenses 7,000 Furniture 30,000 Proposed dividend 10,000 Machinery 100,000 Reserves 150,000 Land and Building 220,000 Provision for taxation 20,000 Good will 35,000 Net Profit 20,000 Preliminary Expenses 10,000 567,000 567.000 Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity