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hvinod007
Feb 24, 2010, 12:53 AM
From the following particulars prepare Balance Sheet of M/s Ram & Sons

Current Ratio 2
Working Capital 800000
Capital Block to Current Assets 04:02
Fixed Assets to Turnover 01:02
Sales Cash / Credit 2 Months
Stock Velocity 2 Months
Creditors Velocity 3 Months
Debtors Velocity 4 Months
Capital Block:
Net Profit 12% of Turnover.
Debentures / Share Capital
Gross Profit Ratio 30% of Sales

morgaine300
Feb 24, 2010, 12:45 PM
Please see the guidelines for posting homework:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

I'm not familiar with some of those ratios but the general way to solve stuff like this is to write down all of the equations involved. Then plug in the numbers you have, including answers to equations. Work towards what you don't have, which requires working backwards and sometimes maybe some basic algebra. Your accounting equation can come in handy as well.