Question: d) Purchase bunun e) Exchanged Land for Equity f) Issued fresh equity at premium The following information relates to X Ltd.: Particulars Amount in INR

 d) Purchase bunun e) Exchanged Land for Equity f) Issued fresh

d) Purchase bunun e) Exchanged Land for Equity f) Issued fresh equity at premium The following information relates to X Ltd.: Particulars Amount in INR Share Capital 2,40,000 Reserves and Surplus (including this year's Profit) | 1,40,000 | 15% Mortgage Loan 1,60,000 | Tax Payables 1,20,000 Bank Overdraft 60,000 Tangible fixed Assets 4,20,000 Intangible Fixed Assets 50,000 Inventory 90,000 Cash & Cash Equivalents 1,20,000 Short Term Investments 40,000 Net profit after payment of Interest and Income Tax amounted to INR 60,00 Income Tax 50%. Calculate the following ratios and give your comments: (i) Current Ratio (ii) Proprietary Ratio (iii) Total Assets to Debt Ratio (iv) Interest Coverage Ratio Write short notes (any 7) with an example to justify your concept: 1. utir

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