12 3 4 A Question 5 B C D E G H A company had the following balance sheet as on 31st March, 2021: Liabilities in Crores Assets in Crores 5 Equity Share Capital (75 lakhs Shares of 7.50 Building 12.50 6 10 each) 7 8 Reserves and Surplus 15% Debentures 1.50 Machinery 6.25 15.00 Current Assets 9 Current Liabilities 6.00 Stock 3.00 10 11 Debtors 3.25 12 Bank Balance 5.00 13 30.00 30.00 14 15 The additional information given is as under: 16 Fixed cost per annum (excluding interest) 6 crores 17 Variable operating cost ratio 60% 18 19 Total assets turnover ratio 2.5 20 Income-tax rate 40% 21 22 Calculate the following and comment: 23 (i) Earnings per share 24 25 (ii) Operating Leverage 26 (iii) Financial Leverage 27 (iv) Combined Leverage (10 Marks) 28