Saved Bookmarks
| 1. |
A company having a net working capital of Rs. 2.8 lakhs as on 31st March 2019 indicates the following financial ratios and performance figures. Current ratio 2.4 Liquidity ratio 1.6 Inventory turnover ratio 8 Gross profit on sales 20% Credit allowed (months) 1.5 The companies fixed assets is equivalent to 90% of its net worth (share capital plus reserves) while reserves amounted to 40% of share capital. Prepare the Balance sheet of the company as on 31st March 2019 showing necessary calculations. 10 |
|
Answer» ong>Answer:P> Answer I THINK am not sure what sure I have am in a short time of p people who are aware of this problem in t and you will NEED can you do a BETTER job of the |
|