J. The following is the summarised Profit and Loss account and Balance Sheet of ABC Ltd Pune For the year ended 31 st March 2021. From the information compute. a) Current Ratio ) Operating Ratio ©) Gross Profit Ratio 4d) Retum on Capital Employed €) Operating Profit Ratio f) Stock Turnover Rat 8) Sales to Fixed Assets Dr. Profit and Loss Account for the year ended 31 st March 2021. cr. Particulars [Amount [Particulars [Amount [To Opening Stock '65,000[By Sales 6,02,000] To Purchases, 5,40,000}By Closing Stock 2,60,500] To Carriage Inward 12,500 [To Gross Profit e/d 8,62,500] ITo Operating Expenses Ho Gross Profit b/d 2,45,000] |To Non Operating Expenses By Non Operating Incomes 75,000 |To Net Profit o/d 3,20,000] 320,000] Balance Sheet as on 31 st March 2021 [Liabilities [Amount [Assets [Amount Equity Share Capital 1,50,000|Piant and Machinery 70,000} IGeneral Reserve 25,000|Land and Building 120,000) Profit and Loss A/c 45,000|Markatable Sect 5,000 Sundry Creditors 40,000|Sundry Debtors 85,000} Bills Payable 35,000|Cash at Bank 12,509] lOutstanding Expenses, 5,000 Prepaid Expenses 7,300] 3,00,000] 3,00.0002. from The following Balance Sheet of XYZ Ltd. Calculate the following Ratios For the year ended 31 st March 2023, From the information compute. a) Current Ratio b) Liquid Ratio ¢) Absolute Liquid Ratio d) Current Assets to Fixed Assets Ratio €) Debt to Equity Ratio f) Proprietory Ratio 2) Capital Gearing Ratio Balance Sheet as on 31 st March 2023 Liabilities ‘Amount Assets ‘Amount Equity Capital 10,00,000|Good will (At Cost) 5,00,000 16% Pref. Capital $,00,000) Plant and Machinery 6,00,000| |General Reserve 1,00,000|Land and Building 7,00,000 Profit and Loss A/e 4,00,000| Furniture 1,00,000] Provision for Taxation 1,76,000] Inventories 6,00,000] Bills Payable 1,24,000]Bills Receivable 30,000] Bank Overdraft 20,000|Sundry Debtors 150,000] Sundry Creditors 80,000|Bank 2,00,000] 12% Debenture $,00,000| Investment (Short Term) 20,000} 29,00,000 29,00,000|3. The following is the Pro! Enterprise For the year en fit and Loss ded 31 st March 2022. account and Balance Sheet of Premium unt for the year ended 31 st March 2022. Dr. Profit and Loss Acco Particulars Amount Particulars Amount FTo Opening Stock 1,45,000|By Sales 7,50,000] ‘To Purchases 6,10,000|By Closing Stock 1,55,000 To Gross Profit e/d 1,50,000 — 9,05,000 [-_9,05,000| To Operating Expenses '80,000|To Gross Profit b/d 1,05,000 To Net Profit e/d 70,000 1,50,000} 1,50,000] Sy Balance Sheet as on 31 st March 2022 Liabilities [Amount [Assets [Amount [Share Capital 7,00,000|Fixed Assets '5,50,000} Reserve & Surplus 1,20,000| tock 1,55,000} Bank Overdraft 35,000|Debtors 80,000 [Creditors 1,50,000|Cash 2,20,000 10,05,000] 10,05,000) Calculate a) Current Ratio b) Liquid ratio ¢) Gross Profit Ratio d) Net Profit Ratio e) Stock Turnover Ratio f) Debtors Turnover Ratio 2) Current Assets to Fixed Assets Ratio h) Sales to Fixed Assets i) Operating Ratio4, The following is the Profit and Loss Account and Balance Sheet of XYZ Itd. For the year ended 31 st March 2023. From the information Compute a) Current Ratio b) Liquid ratio ¢) Gross Profit Ratio d) Net Profit Ratio €) Stock Turnover Ratio f) Debtors Tumover Ratio g) Retum on Assets h) Retum on Capital Employed Dr. Profit and Loss Account for the year ended 31 st March 2022. Cr. Particulars ‘Amount Particulars ‘Amount To Opening Stock 65,000|By Sales 6,02,000 ‘To Purchases 5,40,000|By Closing Stock 2,60,000 To Carriage Inward 12,500 To Gross Profit c/d 2,45,000] 8.62,000 [8.62.00] To Operating Expenses 95,000|To Gross Profit b/d 2,45,000 ‘To Non operating Expenses 75,000|To Non operating Income 75,000] To Net Profit o/d 1,50,000 : 3,20,000 3,20,000 Balance Sheet as on 31 st March 2022 [Amount __ | Assets [Amount Equity Share Capital 1,50,000]Plant and Machinery 70,000] General Reserve 25,000|Land and Building 1,20,000] Profit and Loss 45,000|Markatable securities 5,000} [Sundry Creditors 40,000|Sundry Debtors 85,000| Bills Payable 35,000|Cash at Bank 12,500} Outstanding Expenses 5,000] Prepaid Expenses 7,500 L 3,00,000] 3.00,000]= —— CIE /Asrignment Mo {— - = frst o)Current Raho = CA = Deblows r Coshat ‘can PTFE ck Coeditors Bills Payable Oud Cap = 35000 + 12}00 + 75000 $0.00 40000 t 35000 +5000 | = 110,000 > 1584 80,000 b)tiguid Raho LA = (A-Prpad Exp | te Cu~ ols Exp = (0,000 ~7700,. .-102,s00 , MIF 90,000 - $000 715000 c) Gre Profits Raho = Gros Poht x (00 Saree : 2 2YTIO0O ylOo= 45-To/- G+08)000 oo f d) Net Profit Raho Net Profit loo * 150,000¢100 eine a poe ale 604,000 a 20) ] Stock tur neves tunes Re Raho= (OG oe _ Sas? Ge Avg Tnvenboriea ie) yfp —= . vy ob |= 602,000 ~ 249700 __Pexooo + 260, 0100) /5 - - = 359,000 2:20 Time 7 Lez, 500 1) Spoanng Profit Raho = Gross Profit jt *_4f0,000 ~ 170,000 © = Oper | =TfO00 7 _ Oprah ng Porit 0 —|__ i fet Palen . 1508 jon ____ £02,000 Sieyrh } = 9) Sole te fined ect = Sales = Feed Aue 1 Gono00 SehE06 112,000‘Bosh o) Curent Raho = Current Agrels Curent Gobihhe 1 Gills Reuiveblet Peblows Bonk + Snvatmeny Bills Payable + Bonk Overdraft tCrdios = 30,000 ¢ 130/000 F 200/000 4 26/000 + £00, 60 126,000 +20,000 + Fo000 t 116,006 = 0,00,000 _ ge} 406,000 { 'y) gwd Raho= Ligurd Ack Ugwid Gabihhus « Ach = Tren boro Gunut Gabrlinw ~Bank OverdroPt = 1900000 -600,000 2000007 10008 400,000 Z | 400,000 ~ 20000 , $80,000 7 Frogs) : - 7 ——] Absolu guid Rohe ! ie 2 Curent bo pho £20,000, 22-08!) Hoooo00 400,000 44) Cunad Asso fo Pued Aescly Rabo» Garmenl Avil Fitted tr Col CCE[That Ae Curent Mase 290) fet — Bebb + Bonk er te mi Equily Equity. Capital {+ Prof (ap val +4 [F]Poprctny 4) Copitad = teh (0,00,000 4 Wiebe TOBE ZT —14,00/000 7 f] Door to Equity Raho = 500,000 +90 01090 12 100/000'¢ £00,000 100,000 F uoea0 + Pro Prietors “fan da (sthordeho Cshevdehorlo) Ro funds Ctherdeho le) yyy > ——___Tolel_ Asus “Apel Srhet Divider Bening Shaves Capita (100,000 Ot = 066.4 _!1 0,000 at= Foi3, urna Raro= (A = Socks Deb» + lash te CL Bunt O10 7 (oeditom 7 st a) eee ep _ = Iyy,000 t £0,000 1 220006 cm __ 10,000 t3Zy000 ' 5 se gece oe Bubs t8F0007 Tp) bguid Raho: CA = Curent Asse Stock _| ‘Bank 0)P. | Lieb) (Curent ab ~ = 4x80 00-155, 000" , 300, 00%— asy ($000 - 35000 130.006 U Gres) Profit Rand - Net Prohit * 100 Sales = 10/000 cioo > %33/- 20/ 150,000 Hook Turnover Raho* Coys, Sala ¢P Avg tlock Tnvesbos fing sock “4 T¥o,000- 150006 + 600,000. lh = treo rtss000 = 600,000 = 600000 —* WE000 4 = 600,000 = 600000 _ 10,000 2 uting—=—} Se Ag Deb» = ore. ~~] le) Net Profit RahO= Met Profit xtoo Stitt, 1 Fotes it |__ = Jo,e00 too 33) T30/000 )Debioos Turneves eve foe Met ay £7006 = 9-315 Time 36,000 pe eA Hee ising ae g) Current Ais fo Bued feeb = A 7 FP a | 2 UST/000 - 60827 Times 5190,000 7 h) gale to’ Raned Asst > foiley ~ Tmt Freed Asc $0,000 Pheer [ femeshny fae = air Bp 8 perabn 4 Exp xl00 Neb Saleo~| turret Raho = Current Asser tant Labbe ace Sundry Debh t Caoht Prpaid Exp + Mortelabk 816 Sundry Creditors r Bit Payable tOps Bap = $y,o00r I2yoot 1500 t F000 t 260,000 _ 46,000 + 33000 t S000 = 370,000-. » Year | $0, 000 b) Goud Raho Curr Asselr - Trweniory | Cunen’ Wabi Irhoo | = 37000b_ ~ 260,000 = M375" 80,000 €] Gros Profit Rarro= Gross Pagfit 100 i is Sale ; | = 2UF,000 K100. 602,000 = 407} 4] Wet Poht foho= Net Proht xtoo a Sales — _ - a £190,000 «too = dug] | \ 602/000. 3 : —_| a 3, a |e) Stok Tu ro = tS [e) 31 mover Robo = (ostof Guvds fold MS] b |A) ebo» Turnoves_ Rano 7 daw Averagc Debs * | fork # Purcharcst Corso: operahng sf 5 opeaing 42700" 260 2 grooot SHOP0e ‘Aug Shock = ageing ‘stk + Casing Hock = 63000 + 260,¢ 000 ene In roo —F __gya $00 aoe “Twneve, Raho? “ngyob Nel Gedit fates Stock £02000 = 109 Sro0o | Q) Relarm on Assebr = Nel Profit x100 Tolal Asses Total Asse = To,000r 120,000 ts000 t F100 * Mu 300,000 : = Hy0,000 e100 300,000 fe Raurn on opal = el Profit * 10% Te © pital Employed {ro ooo TOO B sinensis a Faust Shore Captol PGR t Pal pe / | = 190/006 NOOO — ¢t00* __130/0000t 2000 4000a) Cuma Raho « ( sent Asset Sundry Dephvor iit Fy at wel Fa hd ese E Ae ve conver Gabih Sundry Coed itor = UU,000 F $0,009 ¢25000 tly soo 16500 - /$0,000 a 26500 + 23200 { 50,000 | a =3:) i aid NU p)tgurd Raho = Cumet Aric © Cunutt Gabilike =) O/s Expuivs | c] Deptos Equrky Raho = a) Feud Ar to Nel Wosth Raho = jFreeds Aube __ 2 16000 72y000 81000 3:022:) 70000-28200 26800 * Debt = 200,000 23200 Equily 100,000 300,000 F200 = 213200 = O-3T-h 600/000 Equity Share FPxP TRevow_| etuypoo | ehel:d 7 - 600,000 Zt ¢] (70s Pott Raho = Gross Poh *100 Sale = $0900 100 10,00, 006 ‘ 4 = Ish° tiurnnt Raho =_(h . Trventor CBR Y Debhiw rbot ‘| + 600,0 po t.30,000 410,000 + 900,000 Fl 176,000 t 1240.00 F 20000" 20000 + 480,000 eeet 66 4000s sJuguit Raho = cA~ Prepaid Exp Labiuk- Bank ord 2 FG0,000 = 25751 380,000 ¢) Abyolwe gud Rabo> Absolute Assel Cursent Gabilihe = 910/000 coostL 400,000 bent “fe Equity, Raho = Debenluro t farit Wl art be equ Shaves + Bre Phore ire 2 Pewope ttowon 2080 at __ 10/06,080 € 700,000 100,000 F400 20,0000 EEE EEE {ern “faho= “Propichy funds lo! oe ot Total Asbo as “20100, 000 100 pee ee EEE ee 2g ,00,000. {9} pital gearing Raho= Fined taney» Dutt peo pete tony Rabe: Rae ( ee — a Sg 1... 00,00 . Afs qa, oCunet | Raho= Ch > ‘Provor 12100't Trout (000 =| eb 0,000 F 35000 t S000 ON ; = 110, 000 213752) - | — 80,000 | bh) Opaahng Rao > Opeahng Exp'*!00 ) Opera ng Spach Cap ~ =4y000 ytoo cS 787 sy 602,000 e] uress Profi) Raho: (gos Pioht y100 Sales >: cayooo yjoo = 4969 = Ah 1] Opeoshng Probt Tako = Opoahny Profit <100 6 ee | d) Rehr on Capital Employment = Bornigo befox Ink” Hox : Capital Fuphyeh =)90,000 = hI 4 130,000 i Nd Gap = (vee Poof + Operahng Fre_~ Op Exp Ne Sale 7 <1yo000 * gyooo0 £00 604006PAGE No, v (on) of Yoods Aug Snven os aby (pois Doht = 602000-, —__ bpealing “Ctosng thik cr [= Sixpow = 249 awe . 169750 = g) Sato Fo Fred Asch = fat = 50% 80 Freed Ase “190,000 = 36 4=A pe Faby ae ; ° a) Gros Profi) Raho = Oro» Pooh) 410° = Goapo ,0- ai}: gi Ot Salts 200,000 a Tyne “Poh. Rano = vel Mofit ytoo = 360900 +100 = bh Salo 1y00,000 a a) kewnn_¢ en. p. Asc = Alek Tnwme = 360,000 4100 * “np Total Agito 4b, 00,000 a dg] Jwenhy Turnover Roho™ (OS = 180.0) 008 7 Avg Invenory _*W0,0006 eo-TS Time “Netting Gpitel_ Tyrpoee = Net Qale Working tapito!: | wortong Capital =Curut Asso ~ Cunen? Labhrs “24 00/000 160,000 600 000 2000 1006 = 160,000 ~—_]F) Wed worth to Obl = Net Wook = frpe,00 Tolal Debt 100,000 / / | 166 [| iLCliob 60,000 Cuno Asch qok 9 a p) Acid Tor Roh o® ; _tunent_Lob= Bonk olp ue _ 6,000 60,000 2 obs 6,00 770000 Pow ¢) denies Turnover Robo” Ne Grail Jaleo -rino00 _ei vg, Deblow ‘5000 4) bedi» Turnover Raho> Net Gedit Punto coe Avg boeditor 5,008 £533 Time.“how 2,4) ume Raho® (ument Ayes fumed vabiie = SItike Debio etoabe Dpaid Bap (reditow 7 Bank O)P £300,000 t130,n00 100,000 + s0000 200,000 + 100,000 = 600,000 =9:) 300, Op° ) Gust Roho= Qwik Acs Que Labi a agen ap murt Uabmbry- Bonk olp = 550,000 e275) | 200,000 x ¢] debt: bo Equity * Debt ~ Debonburer Ban kof Equity Fywihy Shonwt Ryove £600,000 =O-1574 800,000 4) Working Coptat Roko = Curent Asses Cunrent abr he al 300,000