Answer the following: 4A. From the following ratios and information given below, prepare Trading Account, Profit and rations. Loss Account and Balance Sheet of the ABC Ltd. Company: 4000000 400000 Fixed Assets Closing Stock Stock Turnover Ratio Gross Profit Ratio Net Profit ratio Net Profit to Capital 10 25% 20% 1/5 Capital to Total Liabilities Fixed Assets to Capital Fixed Assets/Total Current Assets 5/7 1/2 5/4

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q4. Answer the following:
4A. From the following ratios and information given below, prepare Trading Account, Profit and
at considerations.
Loss Account and Balance Sheet of the ABC Ltd. Company:
Fixed Assets
4000000
Closing Stock
400000
Stock Turnover Ratio
Gross Profit Ratio
Net Profit ratio
Net Profit to Capital
10
25%
20%
1/5
Capital to Total Liabilities
1/2
Fixed Assets to Capital
5/4
Fixed Assets/Total Current Assets 5/7
*
Transcribed Image Text:Q4. Answer the following: 4A. From the following ratios and information given below, prepare Trading Account, Profit and at considerations. Loss Account and Balance Sheet of the ABC Ltd. Company: Fixed Assets 4000000 Closing Stock 400000 Stock Turnover Ratio Gross Profit Ratio Net Profit ratio Net Profit to Capital 10 25% 20% 1/5 Capital to Total Liabilities 1/2 Fixed Assets to Capital 5/4 Fixed Assets/Total Current Assets 5/7 *
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