Amonnt (RO)Amonnt (RO)3,0009,00030,00020,00070,00040,00030,000100,000220,00035,00010,000567,000LiabilitiesAssets100,000 Cash in hands100,000 Cash at bank40,000 Bills Receivable20,000 Short term investment40,000 Debtors60,000 Stocks7,000 Furniture10,000 Machinery150,000 Land and Building20,000 Good will20,000 Preliminary Expenses567,000Equity shares capital6%Preference share capital7%Debentures8% Public DebtBank over draftCreditorsOutstanding expensesProposed dividendReservesProvision for taxationNet ProfitNet Sales - 200000Calculate the followinga) Current Ratiob) Quick Ratioc) Net Profit Ratiod) Return on Equity

Name: Amonnt (RO)Amonnt (RO)3,0009,00030,00020,00070,00040,00030,000100,000
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Description: Amonnt (RO)Amonnt (RO)3,0009,00030,00020,00070,00040,00030,000100,000220,00035,00010,000567,000LiabilitiesAssets100,000 Cash in hands100,000 Cash at bank40,000 Bills Receivable20,000 Short term investment40,000 Debtors60,000 Stocks7,000 Furniture10,

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Amonnt (RO) Amonnt (RO) 3,000 9,000 30,000 20,000 70,000 40,000 30,000 100,000 220,000 35,000 10,000 567,000 Liabilities Equity shares capital 6%Preference share capital Assets 100,000 Cash in hands 100,000 Cash at bank 40,000 Bills Receivable 20,000 Short term investment 40,000 Debtors 60,000 Stocks 7,000 Furmiture 10,000 Machinery 150,000 Land and Building 20,000 Good will 20,000 Preliminary Expenses 567,000 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity

Amonnt (RO) Amonnt (RO) 3,000 9,000 30,000 20,000 70,000 40,000 30,000 100,000 220,000 35,000 10,000 567,000 Liabilities Equity shares capital 6%Preference share capital Assets 100,000 Cash in hands 100,000 Cash at bank 40,000 Bills Receivable 20,000 Short term investment 40,000 Debtors 60,000 Stocks 7,000 Furmiture 10,000 Machinery 150,000 Land and Building 20,000 Good will 20,000 Preliminary Expenses 567,000 7%Debentures 8% Public Debt Bank over draft Creditors Outstanding expenses Proposed dividend Reserves Provision for taxation Net Profit Net Sales - 200000 Calculate the following a) Current Ratio b) Quick Ratio c) Net Profit Ratio d) Return on Equity

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 18MCQ

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