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Solve Fin Crores 12.50 Question 5 A company had the following balance sheet as on 31st March, 2021: Liabilities in Crores Assets Equity Share Capital
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Fin Crores 12.50 Question 5 A company had the following balance sheet as on 31st March, 2021: Liabilities in Crores Assets Equity Share Capital (75 lakhs Shares of 7.50 Building 10 each) Reserves and Surplus 1.50 Machinery 15% Debentures 15.00 Current Assets Current Liabilities 6.00 Stock Debtors Bank Balance 30.00 6.25 3.00 3.25 5.00 30.00 6 crores 60% 2.5 40% The additional information given is as under: Fixed cost per annum (excluding interest) Variable operating cost ratio Total assets turnover ratio Income tax rate Calculate the following and comment: (i) Earnings per share (ii) Operating Leverage (iii) Financial Leverage (iv) Combined Leverage (10 Marks)Step by Step Solution
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