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The net sales were RS.30,00,000 for the year whereas gross sales were Rs.30,30,000
1. Current Ratio
2. Liquid Ratio
3. Debt Equity Ratio
2. From the following information of ABC Ltd., you are required to calculate the following
ratio:
1. Liquidity Ratio 2. Proprietary Ratio 3. Net Profit Ratio 4. Return on Proprietor’s Funds
RIMZIM LTD.
TRADING, PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2017
2,600,000 2,600,000
TO ADMINISTRATIVE EXP. 75,000 BY GROSS PROFIT B/D. 500,000
TO DEPRECIATION 60,000
530,000 530,000
591,000 591,000
RIMZIM LTD.
6% PREFERENCE SHARE
CAPITAL 500,000 PLANT & MACHINERY 600,000
2,900,000 2,900,000