FOR CURRENT RATION AND DEBT EQUITY RATIO

DEAR SIR 

IN MY BALANCE SHEET 

CAPITAL CLOSING - 5447437

CC LIMIT  - 1500000

UN SECURED LOAN - 1881555

CREDITORS - 8554780

PROVISION - 10000

FIXED ASSET - 112299

INVESTMENT - 190478

DEPOSIT ASSET - 2500

CLOSING STOCK - 11246820

DEBTORS - 2044970

LOAN ADVANCES - 2485600

ADVANCE INCOME TAX - 275000

CASH - 412565

BANK - 623541

 

ANY ONE PLEASE TELL ME FULL CALCULATION OF CURRENT RATION AND DEBT EQUITY  RATIO.

Replies (1)
Current ratio - Total current assets/Total current liabilities
so your current ratio will be - 1.71

Debt equity ratio - Total debt/Total equity
so your debt equity ratio will be - 0.62

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