XXXX : Means you choose numbers from your mind

after that you to Prepare income statement

than owner equity finaly blance sheet .

if you need more information tell me

thanks

its clear now ?

Following items appear in the accounts of Al Mazoon trading company, Muscat as on 31st March, 2020 :

Cash

48,600

Bank Overdraft

52,000

Land and Building

XXXXX

Equity Shares of OMR 10 each

10,00,000

Furniture and fittings

300,000

5% preference shares

OMR 10 each

XXXXX

Payments in advance

62,000

Bills Payable

86,250

Inventories

XXXX

Long-term loans from Bank Muscat

XXXX

Trade Creditors

4,05,750

Trade Investment

20,000

General Reserve

4,57,000

Provision for Taxation

1,24,000

Sundry Debtors

XXXX

Sundry creditors

XXXXX

Bills Receivables

22,600

Outstanding Expenses

18,000

Plant and Machinery

XXXXX

Net Sales for the year

21,82,400

10% Debentures

2,50,000

Net Profit for the year

(before tax & dividends)

5,27,830

Statement of Profit for the year ended 31st March, 2020

Sales

OMR 21,82,400

Less : Cost of goods sold

OMR XXXX

Interest

OMR XXXX

OMR XXXXX

Net profit

OMR 527, 830

Additional Information:

Market price per equity share OMR 13.50

Tax rate for the company is 15%

You are required to arrange the above items in the form of a financial statement to show the following financial Ratios which should be stated:

1. Gross profit Margin

2. ROCE

3. Current ratio(required

4. Quick ratio

5. EPS

6. Debt to total funds

7. Debt to equity ratio

8. Return on equity

do not forget the ( XXXX) : means you have to choose numbers from your mind

Following items appear in the accounts of Al Mazoen trading company, Muscat sa 31st March, 2020: 48,600 Rank Overdraft 52.000 Land and building XXXXX Equity Shares of OMR 10 10,00,000 cach Furniture and fitting 300,000 5% preference shares XXXXX OMR 10 each Investories 200,000 Payments in advance 62,000 Bill Payable 250 Inventories XXXX Long-term and from XXXX Bank Muscat Trade Creditors 4,05750 Trade Investment 20,000 General Reserve 457.000 Provision for Taction 1.24 000 Sandry Debtors XXXX Sundincetas XXXXX Bills Receivables 22,600 Bills Payable 16.000 Plant and Machinery XXXXX Net Sales for the year 2182.400 10% Debentures 2,50,000 Net Profit for the year 5.27.830 before tax & dividendel Statement of Profit for the year ended 31st March 2020 Sales OMR 2182400 Less: Cost of goods sold OMR XXXX OMER XXXX OMR XXXOOK Net profit OMR 527.830 Additional Information Market price per equity share OMR 13:50 Tax rate for the company is 15% You are required to arrange the above items in the format a financial statement to show the following financial Ratios which should be stated 1 Cross profit Margin 2 ROCE 3. Current ratio required 4. Quick ratio 6. Debit to total funds 7 Debt to equity ratio # Return on equity General Instruction 1. You are required to write a report Font: Times New Roman, font size 12 and a line spacing of 15 2. This report should be completed by Individual and technically the report sold be as good as posible. well organized in titles and subtitles footnotes and references 3. The assignment shall be done by Individual + You are strongly advised to ww M5 word and should be deathy typed and numbered 3. Do not copy from any material try to write in your own words, and also be aware of the plagiarise policy of the college lagiarism occurs when other's work such as print material images creations, computer programs, electronic materials are used without appropriate acknowledgement and reference Disciplinary Action for Student Plagiarism First Offense: Written waring and repeat the work Second lense: Zero mark and suspension for one semester Third Offenemisal from the college & Writing assignments that are found to have as much as a single sence copied will receive marks of nero. This penalty applies to both the couple and to the copied 7 Last date to submit the assignment is 13/12/2000 DA a Normal No Spac Heading 1 Heading 2 e Replace Select