The following are summarized accounts for Busy Limited, a company with an accounting year ending 30th September. 

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BALANCE SHEET AS AT 30TH SEPTEMBER Non-Current Assets Current Assets Stocks Debtors Cash/Bank Current Liabilities Trade Creditors Taxation Accruals. Net Current Assets Total Assets less Current liabilities Non-Current Liabilities 10% Debentures Net Assets Financed By: Capital (ordinary share of GHe0.25) Income Surplus PROFIT AND LOSS ACCOUNT FOR Turnover Profit before interest and tax Less: Interest Payable Profit before Tax Taxation Profit after Tax 2007 GH¢ 12,700 50,455 43,370 5.790 99,615 37,230 3,260 1.985 42,475 57,140 69,840 19,840 50,000 9,920 40.080 50,000 2007 GH¢ 583.900 20,670 1.984 18,686 7,026 11.660 2006 GH¢ 4,995 40,145 40,120 12,092 92,447 32,604 2,473 1,785 36,862 55.585 60,580 19.840 40,740 9,920 30,820 40.740 2006 GH¢ 486.300 17,238 1.984 15.254 5,734 9.520 BALANCE SHEET AS AT 30TH SEPTEMBER Non-Current Assets Current Assets Stocks Debtors Cash/Bank Current Liabilities Trade Creditors Taxation Accruals. Net Current Assets Total Assets less Current liabilities Non-Current Liabilities 10% Debentures Net Assets Financed By: Capital (ordinary share of GHe0.25) Income Surplus PROFIT AND LOSS ACCOUNT FOR Turnover Profit before interest and tax Less: Interest Payable Profit before Tax Taxation Profit after Tax 2007 GH¢ 12,700 50,455 43,370 5.790 99,615 37,230 3,260 1.985 42,475 57,140 69,840 19,840 50,000 9,920 40.080 50,000 2007 GH¢ 583.900 20,670 1.984 18,686 7,026 11.660 2006 GH¢ 4,995 40,145 40,120 12,092 92,447 32,604 2,473 1,785 36,862 55.585 60,580 19.840 40,740 9,920 30,820 40.740 2006 GH¢ 486.300 17,238 1.984 15.254 5,734 9.520

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All amounts are in GH a Ratios i Shareholders 1 Earnings Per Share Profit after tax No of shares For ... View the full answer