The Balance Sheet of ABC Auto Limited as of 31122020 was as follows: Particular Rs. Particular Rs. Equity Share Capital 40,000 Plant andMachinery 24,000 Capital Reserve 8,000 Land andBuildings 40,000 8% Loan on Mortgage 32,000 Furniture & Fixtures 16,000 Creditors 16,000 Stock 12,000 Bank overdraft 4,000 Debtors 12,000 Taxation: Investments (Short term) 4,000 Current 4,000 Cash in hand 12,000 Future 4,000 Profit and Loss A/c 12,000 120,000 120,000 From the above, you are asked to compute the following and to explain why they are important to be measured: 1. the Current Ratio 2. Quick Ratio 3. DebtEquity Ratio 4. Proprietary (Equity) Ratio

The Balance Sheet of ABC Auto Limited as of 31-12-2020 was as follows: From the above, you are asked to compute the following and to explain why they are important to be measured: 1. the Current Ratio 2. Quick Ratio 3. Debt-Equity Ratio 4. Proprietary (Equity) Ratio