Question

(a) Gross profit (20% of sales) – Rs.6,00,000
(b) Shareholder’s equity – Rs.5,00,000
(c) Credit sales to total sales – 80%.
(d) Total assets turnover – 3 times.
(e) Average collection period (360 days in a
year) : 18 days.
(f) Current Ratio – 1.6
(g) Long term debt to equity – 40%

Answer 1

Answer:

Answer is 19,03,000

Explanation:

6,00,000+ 5,00,000 + 80 + 3= Answer is 19,03,000