25 January 2011
Please any one help me in solving the below problem....
From the following information related to ABC Ltd., you are required to prepare balance sheet.
1. Current Ratio -> 2.5 2. Acid Test Ratio -> 1.5 3. Gross profit on Sales Ratio -> 20% 4. Net Working Capital / Net Worth Ratio -> 0.3 5. Sales / Net Fixed Asset Ratio -> 2.0 6. Sales / Net Worth Ratio -> 1.5 7. Debtors Ratio -> 6.0 8. Reserve / Capital Ratio -> 1.0 9. Net Worth / Long Term Loan Ratio -> 20.0 10. Stock Velocity -> 2 months 11. Paid up Share Capital -> 10,00,000
25 January 2011
In the above question, you would have more proper had you raised any particular doubt. But, justing expecting to getting the whole sum resolved does not solve any one's purpose.