hari
DESCRIPTION
just a finance doTRANSCRIPT
From the following information prepare the balance sheet.
a. Current ratio 1.75 b. Liquid ratio 1.25c. Stock turnover ratio (cost of sales/closing stock) 9d. Gross profit ratio 1/3 % on cost of sales e. Debt collection period 1.5 months f. Reserves and surplus to capital 2g. Turnover to fixed assets 1.2h. Capital Gearing ratio 0.6i. Fixed assets to net worth 1.25j. Cost of sales Rs. 9,00,000