63 796
Assignments Done
99,4%
Successfully Done
In August 2018

Answer to Question #39062 in Finance for Sarava

Question #39062
From the following information pertaining to M/s ABC & Co. Ltd., prepare its trading, profit & Loss A/c for the year ending 31st March 2012 and summarized Balance Sheet as on that date.
Current ratio - 2.5
Quick Ratio - 1.3
Proprietary ratio - 0.06
Gross Profit to sales - 10%
Debtors Velocity - 40 days
Sales - 273000
Working capital - 120000
Bank overdraft - 215000
Share Capital - 250000
Closing Stock is 10% more than opening stock
Expert's answer
Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we'll assist you.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

Assignment Expert
04.03.14, 21:06

Dear sleeva reddy
Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we’ll assist you.

sleeva reddy
22.02.14, 13:39

4. From the following information pertaining to M/s ABC & Co. Ltd., prepare its trading, profit & Loss A/c for the year ending 31st March 2012 and summarized Balance Sheet as on that date.
Current ratio - 2.5
Quick Ratio - 1.3
Proprietary ratio - 0.06
Gross Profit to sales - 10%
Debtors Velocity - 40 days
Sales - 2,73,000
Working capital - 1,20,000
Bank overdraft - 2,15,000
Share Capital - 2,50,000
Closing Stock is 10% more than opening stock
Net profit 10% of proprietar

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions