1.EQUITY AND LIABILITIES
Share capital:
3,00,000 equity shares of Rs 10 each 3,00,000
2,00,000 10% preference shares of Rs 10 each 2,00,000
Reserves and Surplus 3,10,000
10% Debentures 4,00,000
8% Public Deposits 1,50,000
Current Liabilities 2,00,000
TOTAL 15,60,000
2.ASSETS
Land and Building 3,40,000
Plant and Machinery 4,50,000
Furniture and Fixtures 1,10,000
Non current investments 3,00,000
Current Assets 3,60,000
TOTAL 15,60,000
Information:
1.Revenue from operations-Rs 25,50,000
2.Profit before interest and tax-Rs 75,20,000
3.Rate of Tax-40%
Calculate Solvency Ratios(Answers from meritnation experts only please)
Dear Student,
Some Solvency ratios are hereunder calculated :-
= 0.68 : 1
Total Assets to Long Term debt :-
=
=2.84 : 1
Proprietary Ratio :-
= 0.52 : 1
Regards
Some Solvency ratios are hereunder calculated :-
= 0.68 : 1
Total Assets to Long Term debt :-
=
=2.84 : 1
Proprietary Ratio :-
= 0.52 : 1
Regards