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ABC LTD PQR LTD - Ratios to be computed
BALANACE SHEET
As at Decemeber 31, 2011
ABC LTD
PQR LTD
FIXED ASSETS
Equipment at Cost
25,000
50,000
Less: Depreciation
20,000
5,000
15,000
35,000
Curent Assets
Inventory
37,500
43,750
Accounts Receivable
62,500
Cash At Bank
12,500
6,250
1,12,500
1,00,000
Less: Current Liabilites
75,000
Total Assets
1,05,000
1,10,000
Financed By
Capital B/f
95,000
90,000
Add: Net Profit
1,20,000
1,27,500
Less: Drawings
17,500
TRADING AND PROFIT & LOSS ACCOUNTFOR THE YEAR ENDED DECEMBER 31, 2011
Sales Revenue
2,00,000
3,00,000
Less: Cost of goods sold
Opening Inventory
56,250
Add: Purchases
1,25,000
2,27,500
1,87,500
2,83,750
Less: Closing Inventory
1,50,000
2,40,000
Gross Profit
60,000
2,500
7,500
Other expense
22,500
Net Profit
Ratios to be computed: a. Gross Profit as percentage to sales b. Net profit as percentage of sales c. Expenses as percentage to sales d. Current Ratio e. Acid test ratio f. Stock turnover ratio g. Debtors (Accounts receivable) - sales ratio h. Return (Net profit) on Capital employed i. Net working capital j. Net working capital to total assets ratio
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