Attachment 45944

From the attachment can anyone advise on the below ratio's?

Many thanks in advance.

Calculate the acid test ratio?
The return on capital employed for 2012 was 11%
Calculate the ratio for 2013?

Acid test ratio:
(Current assets - Closing stock)/Current liabilities
144000-55000=89000/34000= 2.62:1

The return on capital employed for 2012 was 11%
Calculate the ratio for 2013?

Net profit 117000
Capital employed 670000
17.46%

Quote:

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Originally Posted by rehmanvohra

Acid test ratio:
(Current assets - Closing stock)/Current liabilities
144000-55000=89000/34000= 2.62:1

The return on capital employed for 2012 was 11%
Calculate the ratio for 2013?

Net profit 117000
Capital employed 670000
17.46%

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Much appreciated rehmanvohra,

Could I ask you were you got the figure of 670,000 for the capital employed?


Also on another note, how would I explain 8% debentures for 2018/2019?


Thanks again for your help

Sorry, capital employed is 660000 and ratio is 17.72%.

.