Question: . From the following information, calculate ( i ) Fixed Assets Turnover and ( ii ) Working Capital Turnover Ratios ( iii ) Current Ratio

. From the following information, calculate
(i) Fixed Assets Turnover and
(ii) Working Capital Turnover Ratios
(iii) Current Ratio
(iv) Debt- Equity ratio
(v) Capital Gearing ratio
Preference Shares Capital 6,00,000 Plant and Machinery 6,00,000
Equity Share Capital 4,00,000 Land and Building 7,00,000
General Reserve 2,00,000 Motor Car 2,50,000
Profit and Loss Account 2,00,000 Furniture 50,000
15% Debentures 3,00,000 Stock 1,70,000
14% Loan 1,00,000 Debtors 1,20,000
Creditors 1,40,000 Bank 90,000
Bills Payable 30,000 Cash 20,000
Outstanding Expenses 30,000
20,00,00020,00,000
Sales for the year were Rs.60,00,000.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!