The summarized balance sheet of C.B. Ltd. on March 31, 2022 is provided below: Liabilities Amount (Rs) Assets Amount (Rs) Equity capital 2,00,000 Fixed assets 1,40,000 Reserves and surplus 30,000 Cash 12,000 Sundry creditors 70,000 Debtors 93,000 Inventories 55,000 3,00,000 3,00,000

 

UPES Solved Assignments

UPES Semester 1 Solved Assignments for MBA/BBA

Financial Management

Assignment 1

Q1. The summarized balance sheet of C.B. Ltd. on March 31, 2022 is provided below:

 

Liabilities	Amount (Rs)	Assets	Amount (Rs)
Equity capital	2,00,000	Fixed assets	1,40,000
Reserves and surplus	30,000	Cash	12,000
Sundry creditors	70,000	Debtors	93,000
		Inventories	55,000
	3,00,000		3,00,000

 

 Other information:

Sales                                                                                                                          2,60,000

(-) Cost of goods sold                                                                                (1,80,000)

      Gross profit                                                                                                           80,000

(-) Administration and other expenses                                                (62,500)

Net profit                                                                                                                    17,500

You are required to compute the following ratios:

1.      Current ratio

2.      Quick ratio

3.      Inventory turnover ratio

4.      Debtor’s turnover ratio

5.      Net profit ratio

6.      Sales to total asset ratio

Note: Proper calculations are required in all ratios, and you can make the necessary assumptions.