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The financial data of ABC Corp. for the year ending 31-12-2018 is as follows: $ Cash 2,60,000 Sundry debtors 7,50,000 Short term investment 4,00,000 Stock

The financial data of ABC Corp. for the year ending 31-12-2018 is as follows:


$

Cash

2,60,000

Sundry debtors

7,50,000

Short term investment

4,00,000

Stock

21,00,000

Prepaid expenses

45,000

Total current assets: $35,55,000


$

Current liabilities

10,50,000

9% Debentures

14,00,000

Equity share capital

23,50,000

Retained earnings

12,00,000

Statement of Profit for the year ending 31-12-2018


$

Sales (25% cash sales)

87,00,000

Less: Cost of goods sold

60,00,000

Profit before interest & tax

27,00,000

Less: Interest

2,80,000

Profit before tax

24,20,000

Less: Tax @25%

6,05,000

Net Profit: $18,15,000

Calculate: (i) Current ratio, (ii) Long-term debt to equity ratio, (iii) Operating profit margin, and (iv) Inventory holding period.

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