Mukund Iron Ltd.

as on 31-3-2013 is
is as under
The Balance Sheet of
a.

Particulars Note
I. EQUITY AND LIABILITIES
(1) Shareholders'Funds:
(a) Share Capital:
Equity Share Capital
8% Preference Share Capital 4,00,00
(b) Reserves and Surplus 1,50,000
(2) Non-CurrentLiabilities: S0,000
(a) Long Term Borrowings: 9% Debentures
(b) Long Term Provisions 1,50,00
Workmen's Profit Sharing Fund
(3) Current Liabilities: 30,000
(a) Trade Payables
Creditors
Bills Payables 1,50,00
(b) Other Current 40,000
Liabilities: Outstanding
IL. ASSETS: Expenses
Total
30,000
10,00,00
(1) Non-Current Assets:
(a) Fixed Assets
) Tangible Assets:
Land and Building
Plant and Machinery 3,00,00
3,00,00
RATIOA N A L Y

75
() Current Assets:
(a) Inventories: Stock
(b) Trade Receivables: 1,20,000
Debtors
Bills Receivables 1,80,000
20,000
(c) Cash and Cash Equivalents : Bank balance
80,000
Total 10,00,000
Additional Informations Rs.
1) Sales (Cash sales is 25% of the credit sales) 30,00,000
(2) Gross Profit 7,50,000
3) Net Profit (Before Debenture Interest and 50% Tax) 4,33,500
Calculate the following ratios:
(1) Gross Profit Ratio (4) Liquid Ratio
of 300 days)
(2) Net Profit Ratio (5) Debtors Ratio (on the basis
(6) Proprietary Ratio
3) Current Ratio