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The financial information of UVW Corporation for the year ending 31-12-2021 is as follows: $ Cash 1,75,000 Sundry debtors 5,25,000 Short term investment 3,75,000 Stock

The financial information of UVW Corporation for the year ending 31-12-2021 is as follows:


$

Cash

1,75,000

Sundry debtors

5,25,000

Short term investment

3,75,000

Stock

17,00,000

Prepaid expenses

50,000

Total current assets: $28,25,000


$

Current liabilities

8,75,000

11% Debentures

19,00,000

Equity share capital

26,00,000

Retained earnings

14,00,000

Statement of Profit for the year ending 31-12-2021


$

Sales (40% cash sales)

85,00,000

Less: Cost of goods sold

60,00,000

Profit before interest & tax

25,00,000

Less: Interest

3,00,000

Profit before tax

22,00,000

Less: Tax @30%

6,60,000

Net Profit: $15,40,000

Calculate: (i) Quick assets ratio, (ii) Debt to total assets ratio, (iii) Net profit ratio, and (iv) Average payment period.

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