From the following balance sheet, calculate solvency group ratio. Liabilities Equity Share Capital Preference Share Capital General
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From the following balance sheet, calculate solvency group ratio.
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Liabilities Equity Share Capital Preference Share Capital General Reserves Securities premium P & L Account Debentures Secured Bank Loan Bank Overdraft Sundry Creditors Tax Payable Dividend Payable Amount (²) 5,00,000 1,50,000 70,000 Furniture 30,000 1,25,000 Stock 1,50,000 1,00,000 13,85,000 Assets Land & Building Plant & Machinery Investment Sundry Debtors Bills Receivables Cash and Bank Prepaid Expenses 45,000 55,000 1,00,000 Marketable Securities 60,000 Preliminary Expenses Goodwill Patents Amount (²) 5,30,000 1,10,000 20,000 90,000 95,000 1,75,000 25,000 80,000 15,000 20,000 40,000 1,10,000 75,000 13,85,000
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2 SolvencyTotal indebtedness ratio 510000650000 DebtEquity ratio 0781 It shows total indebtedness of ...View the full answer
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