Saved Bookmarks
| 1. |
A company having a net working capital of Rs. 2.8 lakhs as on 31st March2019 indicates the following financial ratios and performance figures.Current ratio 2.4Liquidity ratio 1.6Inventory turnover ratio 8Gross profit on sales 20%Credit allowed (months) 1.5The companies fixed assets is equivalent to 90% of its net worth (share capitalplus reserves) while reserves amounted to 40% of share capital.Prepare the Balance sheet of the company as on 31st March 2019 showingnecessary calculations.10 |
|
Answer» Answer: 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 |
|