Reference no: EM132531371
Qno1: How much amount would you save each year from now to receive Rs.8,000 per year at the end of each year for next 20 years after your retirement, which is due after 10 years? Qno2: ollowing balances were taken from the GL of Pak Arab Ltd. on Dec.2019.
Cash 12,250 Accounts Receivable 5,840
Note Receivable 3,000 Allow for bad debts 100
Building 30,000 Sales Revenue 95,000
Accounts payable 8,720 Utility Expense 200
Notes payable 5,000 Cost of Goods sold 57,900
Khan, capital 40,000 Salaries Expense 7,500
Taxes 750 General Expense 10,900
Merchandise Inventory 20,180 Interest expense 700
Required: Calculate following ratios:
A. Current Ratio
B. Quick Ratio
C. Cash Ratio
D. Debt Ratio
E. Debt to Equity Ratio
F. Time Interest Earned
G. A/R Turnover
H. Avg. Collection Period (A/R Turnover in days)
I. Inventory Turnover
J. Gross Margin
K. Operating Margin
L. Net Margin
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