QUESTION 4:
The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020:
Liabilities
P
Assets
P
Share Capital
2,00,000
Land and Buildings
1,40,000
Profit and Loss Account
30,000
Plant and Machinery
3,50,000
General Reserve
40,000
Stock
2,00,000
12% Debentures
4,20,000
sundry Debtors
1,00,000
Sunday Creditors
1,00,000
Accounts Receivable
10,000
Accounts Payable
50,000
Cash at Bank
40,000
8,40,000
8,40,000
Calculate:
a. Current Ratio
(3 marks)
b. Quick Ratio
(3 marks)
c. Inventory to Working capital
(3 marks)
d. Debt to Equity Ratio
(3 marks)
e. Proprietary Ratio
(3 marks)
f. Capital Gearing Ratio
(2 marks)
g. Current Assets to Fixed Assets