Complete the following balance sheet and profit and loss statement based on the information given as follows:

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Complete the following balance sheet and profit and loss statement based on the information given as follows:


Liabilities Current liabilities Long-term debts Equity capital Other equity Shareholders' funds Total Amount

Profit and Loss Statement

Particulars Sales Less: Cost of goods sold Gross profit Less: Selling and administrative expenses Net profit

a. Current Ratio b. Debt-Equity Ratio : 0.55 times c. Total Assets Turnover Ratio: 0.5 times d. Inventory

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