Basic FinanceTU Board 2022
Consider the following balance sheet of Sitalpati Company. AssetsAmountLiabilities and EquityAmountCashRs 50,000Account payableRs 50,000Accounts receivable100,000Accrued…
6Consider the following balance sheet of Sitalpati Company.
AssetsAmountLiabilities and EquityAmountCashRs 50,000Account payableRs 50,000Accounts receivable100,000Accrued expenses50,000Inventory400,000Deferred taxes50,000Furniture100,000Debenture50,000Equipment100,000Long term loan150,000Land and building250,000Common stock500,000Retained earnings150,000Total assets1,000,000Total liabilities and equity1,000,000
Calculate: a. Current ratio. b. Quick ratio. c. Debt ratio. d. Debt equity ratio. e. Equity Multiplier. f. Long term debt to total assets ratio.
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