please provide answer for qno. 21
please provide answer for qno. 21 r rom t.ne ronouung Intorma
Ratio; (iii ) Current Ratio.
calculate (i) Gross Profit Ratio; (ii) Inventory Turnover
Sales Rs. cost of Sales Rs. Net Profit Rs. Average
Inventory Rs. Other Current Assets Rs. Fixed Assets Rs. 14
Long-term Debt Rs- Current Liabilities Rs. Trade Creditors
Rs. 2,00,000; Net Profit before Interest and Tax Rs.
21. The following are the summarised Balance Sheets of ABC Ltd.:
31.3.2006 31.3.2007
(3)
31.3.2006 31.3.2007
Equity Share Capital
Preference Share Capital
Proff arÉ Loss AJC
Genera' Reserve
Debentures
Smdry Creditors
Provisim for Taxation
Dividend
Bank Overdraft
80.000
2.000
4,000
12,000
24,000
6,000
10,000
25,000
1.63,ooo
Rs.
90.000
10,000
2,400
5,000
13.000
22 OOC
8,400
11,600
13,600
Assets
Fixed Assets
Less: Provision for Depreciation
Sundry Debtors
Stock
PrepaZ Expenses
Cash
82,000
22000
60,000
40,000
60,000
2,400
1 63,000
80,000
30,000
50,000
48,000
70,000
1,000
7,000
1.761000
Additional Information: 1. Interest p
were issued on 31.3.2007. You are r
A
id on Debentures Rs. 1,800, 2. Preference shares
uired to prepare the Cash Flow Statement. (8)
swers
