You have been furnished with the financial information of Aditya Mills Limited As under:Balance Sheet as on 31 st March

Liabilities Rs. Assets Equity Share Capital Plant and Equipment (Rs.100 each) 1,000,000 Lands and building Retained earnings 368,000 cash Sundry creditors 104,000 Sundry Drs 3,60,000 Bills Payable 200,000 Less R.D.D. 40,000 Other Currentr Liabilities 20,000 Stock Prepaid insurance 1692000 Statement of Profit for the year ended on 31 st March

640,000 80,000 160,000 320,000 480,000 12,000


Sales Less Cost of Goods Sold Gross profit on Sales Less operating Expenses Net Profit Less Taxes (@0.35) Net Profit after Taxes

40,00,000 30,80,000 9,20,000 6,80,000 2,40,000 84,000 1,56,000

Sundry Drs and the Stock at the beginning of the year were Rs. 3,00,000 and Rs. 4,00,000 respectively Determine the following ratios :a) Current Ratio b) Acid Test Ratio c)Stock Turnover d) Drs. Turnover e) Gross Profit ratio f) Net Profit ratio g) Oerating Ratio h) Earning per share(EPS) i) Rate of return on Equity Capital j) Market Value of the the share if Price Earning (P/E) ratio is 10 times

948 9208 . 7.

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