BALANCE SHEET FOR THE YEAR 2015

Rs.
Rs.
Rs.
FIXED ASSET :
LAND
BUILDING AND EQUIPMENT
Less DEPRECIATION
CURRENT ASSERTS:
RAW MATERIAL STOCK
DEBTORS
CASH
TOTAL ASSET

300000
150000
30000

420000

171000
150000
715,800 1,036,800
1456800

EQUITY:
4000 ORDINARY SHARE OF rs.50 EACH
PREFERENCE SHARE
RETAINED EARNINGS
TOTAL EQUITY
NON CURRENT LIABILTY:
DEBENTURE 8% OF 400000
LOAN 10% OF 300000
CURRENT LIABILTY:
CREDITORS
TAX PAYABLE
TOTAL EQUITY AND LIABILITY

FIXED ASSET :
LAND
BUILDING AND EQUIPMENT
Less DEPRECIATION
CURRENT ASSERTS:
RAW MATERIAL STOCK
DEBTORS
CASH
TOTAL ASSET

120000

Rs.
150000
30000

EQUITY:
4000 ORDINARY SHARE OF rs.50 EACH
PREFERENCE SHARE
RETAINED EARNINGS
TOTAL EQUITY
NON CURRENT LIABILTY:
DEBENTURE 8% OF 400000
LOAN 10% OF 300000
CURRENT LIABILTY:

200000
50000
110600
360600
400000
300000
250000
146,200

700000

396200
1456800

Rs.
Rs.
300000
120000
160000
190000
700000

420000

1050000
1470000

200000
50000
170000
420000
400000
300000

700000

CREDITORS
TAX PAYABLE
TOTAL EQUITY AND LIABILITY

210000
140000

350000
1470000

Liquidity Ratio
1.Current Ratio
The current ratio = Current Assets / Current Liabilities
1036800/396200
2.6168601716

2.Acid-Test Ratio
Quick ratio = (Current Assets Inventory) / Current liabilities
1036800-171000/396200
2.1852599697

3.NET WORKING CAPITAL RATIO

Current Assets - Current Liabilities
1036800-396200
640,600

PROFITABILITY RATIO