Question: The above question is needed to be solved in excel. Question 2: Prepare balance sheet from the following information: Current ratio 1.75 Quick ratio 1.25
The above question is needed to be solved in excel.
Question 2: Prepare balance sheet from the following information: Current ratio 1.75 Quick ratio 1.25 Stock turnover ratio (cost of sales/ Closing stock) 9 9 Gross profit ratio 25% Debt collection period 1.5 months Reserve and surplus to capital 0.2 Turnover to fixed assets 1.2 Capital gearing ratio (Long term debt to equity capital) 0.6 Fixed assets to net worth 1.25 Sales for the year Rs.12.00.000 IUL 2. Balance sheet total Rs.11,00,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
