Question: Calculate the following ratios from the date given below: (a) Debt to Equity Ratio (b) Assets to Debt Ratio (c) Liquid Ratio. Liabilities of
Calculate the following ratios from the date given below: (a) Debt to Equity Ratio (b) Assets to Debt Ratio (c) Liquid Ratio. Liabilities of Katy Ltd. were as follows: Equity Shares of $10 each $ 1,45,000, Reserves $29,000, Profit and Loss Account $43,500, Secured Loan $1,16,000, Sundry Creditors $72,500, Provision for Taxation $29,000, Preference Shares $1,00,000, Position of its Assets were as follows: Goodwill $87,000, Land and Building $1,00,000, Plant and Machinery $2,03,000, Stock $43,500, Debtors $43,500, Advances $14,500, Cash $43,500, Sales were $8,12,000.
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