Question: here is complete question please solve me this and calculating ratios question too on word Q.3 10 MARKS ASSETS CURRENT ASSETS: CASH A/C RECEIVABLE INVENTORY

 here is complete question please solve me this and calculating ratios

question too on word Q.3 10 MARKS ASSETS CURRENT ASSETS: CASH A/C

here is complete question please solve me this

and calculating ratios question too

on word

Q.3 10 MARKS ASSETS CURRENT ASSETS: CASH A/C RECEIVABLE INVENTORY SMOLIRA GOLF CORPORATION BALANCE SHEET AS ON DEC 31, 2015 LIABILITIES & OWNER'S EQUITY CURRENT LIABILITIES: RS. 710 A/C PAYABLE RS. 1215 2106 NOTES PAYABLE 718 4982 OTHER 230 TOTAL CURRENT 7798 LIABILITIES 2163 TOTAL LONG TERM DEBT 4190 FIXED ASSETS: NET PLANT AND EQUIPMENT 18584 OWNER'S EQUITY: COMMON STOCK AND PAID IN SURPLUS RETAINED EARNINGS TOTAL 10000 10029 20029 TOTAL 26382 TOTAL 26382 SMOLIRA GOLF CORPORATION Income Statement AS ON DEC 31, 2015 28000 11600 2140 SALES LESS: COST OF GOODS SOLD GROSS PROFIT LESS: OPERATING EXPENSE DEPRECIATION EXPENSE EARNING BEFORE INTEREST AND TAXES LESS: INTEREST PAID TAXABLF INCOME TAXES 35% NET INCOME 14260 980 13280 4648 8632 DIVIDEND RS 4000 ADDITION TO RETAINED CALCULATE THE FOLLOWING RATIOS 1. TOTAL ASSET TURNOVER RATIO 2. QUICK RATIO 3. RETURN ON ASSET 4.TIME INTEREST EARNED RATIO 5. RECEIVABLE TURN OVER 6. TOTAL DEBT RATIO

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