Total debt ratio-cash ratio-acid test ratio-current ratio

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Following items are taken out of Balance Sheet of A&B Co Ltd. a) Cash Rs. 20,000 b) Account receivable Rs. 100,000 c) Account payable Rs. 350,000 d) Notes payable Rs. 250,000 e) Inventory Rs. 300,000 f) Long term debt Rs. 500,000 g) Furniture Rs.1,500,000 h) Common Stock Rs 5,00,000 i) Retained Earnings Rs.3,20,000 j) Earning before interest and tax Rs 600,000 k) Company paid interest Rs.140,000 From the given data find out following ratios: 1. Total debt ratio 2. Cash Ratio 3. Acid test Ratio 4. Current ratio 5. Interest Coverage Ratio Virtual University of Pakistan Business Finance (ACC501) VU Assignment No 1 QUESTION # 2 : (10) From the given information of XYZ.Co LTD. Prepare a Cash flow statement for the year 2009. Items 2009 Rs. 2008 Rs. Net Income after taxes 180,000 - Earning available for common stockholders 170,000 - Depreciation Expenses 100,000 - Cash 600,000 300,000 Marketable Securities 700,000 200,000 Accounts Receivable 400,000 500,000 Increase in the Furniture and fixture in the year 2008-2009 80,000 - Vehicles 100,000 80,000 Inventories 600,000 900,000 Account payable 700,000 500,000 Notes payable 600,000 700,000 Increase in the long term debt 200,000 Retained earning 600,000 500,000 Dividends paid to preferred stock holders in the year 2009 10,000 -

Reference no: EM13338435

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