Question: Kindly give the answers as per the given format Basics Ltd., a garment manufacturing company has been in the business for 4 years earning profits



Kindly give the answers as per the given format
Basics Ltd., a garment manufacturing company has been in the business for 4 years earning profits year on year. You are required to comment upon the efficiency of operations and their financial position based on the following financial data given using Ratio Analysis: Balance sheet of Basics Ltd as at 31 st March 2021 (Rs. In .000s) Additional information: 1. Face value of Basif's Shares is Rs.10/- 2. Interest on long trm borrowings is 10% p.a 3. Short term provision is for taxes You are required to compute the 1. Liquidity 2. Solvency 3. Activity 4. Profitability ratios A Liquidity Ratios Current Ratio Quick ratio B Solvency ratios Debt Equity Ratio Interest coverage ratio Total assets to Debt Ratio C Activity Ratios Inventory turnover ratio Trade receivable turnover ratio D Profitability Ratios Operating ratio Earnings per share Return on Equity
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