Question

TODAY
1. Golden age company furnishes you the
following information, from which you are
required to calculate the following ratios
for the financial year ending 31st March
,2004
Current Ratio
Debt Equity Ratio
Proprietory Ratio
Debtors Turnover Ratio
Creditors Turnover Ratio
Stock to Working Capital Ratio
Total funds Employed:
Equity share capital 2,00,00
General Reserve 40,000
Profit & Loss 60,000
8% Mortgage loan 1,00,000
9% Fixed deposit 60,000
Total Application of funds:
Goodwill 1,20,000
Land and building 1,20,000
Plant & Machinery 1,60,000
Debtors 40,000
Stock 1,49,000
Cash 11,000
Creditors 80,000
11:46 PM
Outstanding expenses 60,000
Tunaan
e​

Answer 1

Answer:

outstanding expenses 60,000