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The XYZ Company's Statement of profit and Loss a/c and Statement of Financial Position for two years have…

The XYZ Company's Statement of profit and Loss a/c and Statement of Financial Position for two years have been given below:

Particulars Amount (Rs.)
Sales 2,000,000
Less: Cost of goods sold 1,200,000
Gross Profit 800,000
Less: Operating Expenses
Depreciation 180,000
Interest paid 20,000
Debenture Premium 12,000
Other operating Expenses 318,000
Net Income before other Income 270,000
Add: Profit from sale of fixed assets (book value Rs. 60,000) 10,000
Net profit 280,000

Statement of Financial Position of a Company for 2074 and 2075

Capital & Liabilities 2074 2075
Share Capital @ Rs. 100 per share 1,000,000 1,200,000
Share Premium 100,000 120,000
General Reserve 30,000 50,000
12% Debenture 200,000 100,000
Account payable 120,000 150,000
Bank Overdraft 130,000 150,000
Retained Earnings 100,000 380,000
Total 1,680,000 2,150,000
Assets
Fixed Assets 1,000,000 1,200,000
Investment 100,000 240,000
Inventories 80,000 100,000
Account Receivable 230,000 300,000
Cash 250,000 300,000
Preliminary expenses 20,000 10,000
Total 1,680,000 2,150,000

Required for 2075:

  • a. Current Ratio

  • b. Quick Ratio

  • c. Debt Equity Ratio

  • d. Debtors Turnover Ratio

  • e. Fixed Assets Turnover Ratio

  • f. Net Profit Ratio

  • g. Return on Equity

  • h. Return on Total Assets

  • i. Interest Coverage Ratio

  • j. Stock Turnover Ratio

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