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The financial data of GHI Ltd. for the year ending 31-12-2020 is as follows: $ Cash 1,70,000 Sundry debtors 4,75,000 Short term investment 2,75,000 Stock

The financial data of GHI Ltd. for the year ending 31-12-2020 is as follows:


$

Cash

1,70,000

Sundry debtors

4,75,000

Short term investment

2,75,000

Stock

22,50,000

Prepaid expenses

55,000

Total current assets: $31,25,000


$

Current liabilities

8,00,000

11% Debentures

13,50,000

Equity share capital

20,00,000

Retained earnings

9,00,000

Statement of Profit for the year ending 31-12-2020


$

Sales (30% cash sales)

78,00,000

Less: Cost of goods sold

56,00,000

Profit before interest & tax

22,00,000

Less: Interest

2,60,000

Profit before tax

19,40,000

Less: Tax @28%

5,43,200

Net Profit: $13,96,800

Calculate: (i) Quick assets ratio, (ii) Long-term debt to equity ratio, (iii) Operating profit margin, and (iv) Receivables conversion period.

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