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(Querist)
24 February 2009 From the following figures and ratios, draw out a Balance Sheet

1)Fixed Assets/Turnover Ration (Cost of Goods Sold) 2

2)Debt Collection Period 2 months
3)Current Ratio 1.5
4)Debt Equity Ratio (Total Debt/Equity) 0.6

5)Current Liabilities to Net Worth 0.8
6)Reserves to Bank Balance 4
7)Consumption of Raw Materials 40% of Cost of sales

8)Stock of Raw Materials 3 months’ consumption

9)Stock of Finished Goods 15% of Cost of Sales

10)Bank Balance 1/30th of Sales
11)Fixed Assets Rs. 6,00,000
12)Gross Profit 1/5th of Sales
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Taranjit Singh

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Taranjit Singh (Expert)
27 September 2009 If this query is still pending then please post it again by updating......Good wishes.....or you can also send me a PM.
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Taranjit Singh

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Taranjit Singh (Expert)
27 September 2009 If this query is still pending then please post it again by updating......Good wishes.....or you can also send me a PM.
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