9. 2079 Set A Q.No. 20 The following information of a company are given as: Current ratio Current assets Stock Fixed assets Sales Net profit Long-term debt Required: 2 times Rs.4,00,000 Rs. 50,000 Rs. 5,00,000 Rs. 8,00,000 Rs. 1,00,000 Rs. 2,00,000 [1+1+1+1+1+2+1] b: Liquid ratio d. Inventory turnover ratio f. Return on common equity a. Current liabilities c. Net profit ratio e. Return on Assets g. Debt equity ratio Ans: (a) Rs. 2,00,000 (b) 1.75 times (c) 12.5% (d) 16 times (e) 11.11% (f) 20% (g) 80%​

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