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The following extracts of financial information relate to Curious Ltd. (figures in lakhs): (i) Calculate, for the two years

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The following extracts of financial information relate to Curious Ltd. (figures in ₹ lakhs):

(i) Calculate, for the two years Debt Equity Ratio, Quick Ratio and Working Capital Turnover Ratio; and
(ii) Find the sales volume that should have been generated in 2015 if the company were to have maintain its Working Capital Turnover Ratio.

Transcribed Image Text:

Balance Sheet as at 31st December Share Capital Reserves and Surplus Loan Funds Fixed Assets (Net) Current Assets Inventoriess Debtors Cash and Bank Balances Other Current Assets Less: Current Liabilities Net Total Assets Sales (Lakhs) 2015 10 30 60 100 30 30 30 10 30 100 30 70 100 270 2014 22288 10 10 70 90 30 20 30 20 10 80 20 60 90 300

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i Financial Ratios Calculation Debt Equity Ratio Debt Equity Ratio Total Debt Total Equity For 2014 …View the full answer


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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Details
Chapter # 20
Section: Practical Question
Problem: 5
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Question Posted: August 19, 2023 07:44:46
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