(M.A.2007) 6 Following info. Is available from the financial records of mojiwala Ltd. Calculate, (1) Current ratio. (2) Debtors ratio. (360 days). (3) Return on share holders funds. (4) Return on capital employed. (5) Net profit ratio. (6) Stock turnover ratio. Particulars Rs. Particulars Rs. Eq. share capital 400000 Clo. Stock 128000 Retained earnings 83200 Debtors 160000 15% deb. 320000 Cash bal. 64000 Creditors 140000 Ope. Stock 132000 B.O.D. 46000 Preliminary exp. 3200 Fixed assets 640000 Operating exp. 256000 (1) Credit sales are 62.5% of total sales.(2) Cost of good sold is 70%. (3) Operating ratio 90% & rate of tax 50%. 6 Page
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Hope you all are aware that tomorrow only children who opted for Marathi will come to give exam. For others it's a holiday.
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