ABC LTD PQR LTD - Ratios to be computed

BALANACE SHEET
As at Decemeber 31, 2011
	ABC LTD		PQR LTD
FIXED ASSETS
Equipment at Cost	25,000		50,000
Less: Depreciation	20,000	5,000	15,000	35,000

Curent Assets
Inventory	37,500		43,750
Accounts Receivable	62,500		50,000
Cash At Bank	12,500		6,250
	1,12,500		1,00,000
Less: Current Liabilites	12,500	1,00,000	25,000	75,000
Total Assets		1,05,000		1,10,000

Financed By
Capital B/f		95,000		90,000
Add: Net Profit		25,000		37,500
		1,20,000		1,27,500
Less: Drawings		15,000		17,500
		1,05,000		1,10,000

TRADING AND PROFIT & LOSS ACCOUNT
FOR THE YEAR ENDED DECEMBER 31, 2011
	ABC LTD		PQR LTD
Sales Revenue		2,00,000		3,00,000
Less: Cost of goods sold
Opening Inventory	62,500		56,250
Add: Purchases	1,25,000		2,27,500
	1,87,500		2,83,750
Less: Closing Inventory	37,500	1,50,000	43,750	2,40,000
Gross Profit		50,000		60,000
Less: Depreciation	2,500		7,500
Other expense	22,500	25,000	15,000	22,500
Net Profit		25,000		37,500

Ratios to be computed:
a. Gross Profit as percentage to sales
b. Net profit as percentage of sales
© Expenses as percentage to sales
(d) Current Ratio
€ Acid test ratio
(f) Stock turnover ratio
(g) Debtors (Accounts receivable) - sales ratio
(h) Return (Net profit) on Capital employed
(i) Net working capital
(j) Net working capital to total assets ratio

ABC LTD PQR LTD - Ratios to be computed

NOT RATED

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