1.Profit and Loss A/C. and Balance Sheet of SIDHARTH LTD. For the year ended 31
Trading and Profit and Loss Account for the year ended 31
To Opening Stock 70,000By Sales9,00,000To Purchases5,40,000By Closing Stock 80,000To Wages2,14,000To Gross profit c/d1,56,000
To Salaries 26,000By Gross profit b/d1,56,000To Rent 5,000By Interest on Invt. 5,000To Miscellaneous Expenses 15,000To Selling Expenses 10,000To Depreciation 30,000To Interest 5,000To Provision for Tax 20,000To Net profit c /d 50,000
1,61,0001,61,000Balance Sheet as on 31
Equity Share capital( RS.10)1,50,000Fixed Assets 1,60,000(-) Depreciation 30,0001,30,0008% Pref. Share capital (Rs.100)1,00,000Investment1,00,000Reserves & Surplus
62,000Stock 80,00010% Debenture 50,000Debtors 60,000Bank Loan ( payable after 5years)40,000 Bills Receivable 50,000Creditors 60,000Cash 85,000Provision for Tax (C.Y) 20,000Preliminary Expenses 5,000Bank Overdraft 20,000Proposed Pref .Dividend 8,000
Market value of Equity share is Rs.12 and Dividend Paid per Equity share is Rs.2.Calculatethe following ratio:-a) Acid Test Ratiob) Capital Gearing RatioC) Operating Ratiod) Dividend Payout Ratioe) Debt Service Ratio f) Creditors Turn over Ratiog) Earning per share h) Stock Turnover Ratio.