QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st...
70.2K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 4: The following is the Balance Sheet of a XYZ Ltd. as at 31st December 2020: Liabilities P Assets P Share Capital Profit and Loss Account General Reserve 12% Debentures Sunday Creditors Accounts Payable 2,00,000 30,000 40,000 4,20,000 1,00,000 50,000 Land and Buildings Plant and Machinery Stock sundry Debtors Accounts Receivable Cash at Bank 1,40,000 3,50,000 2,00,000 1,00,000 10,000 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 (3 marks) g. Current Assets to Fixed Assets (2 marks)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
