Question

from the following information prepare the balance sheet of abhishek ltd

paid up capital = 75000

plan & machinaery =185000

to sales(p.a.) =700000

gross profit=20%

annual credit sales =70% of net sales

current ratio=2, inventory turnover=4

fixed asst turnover=2,sales return=15% of ssales

avg. collection period=90 days,bank credit to trade=2

cash to inventory=1:20,total debit to current liabilities=3


Thi is an ME civil engineering question (sub:operation research)

Answer 1

Omg...................................