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Personal Reflection Question – Total Marks  30 (max word limit- 300)
Balance Sheet of ABC Ltd. as on 31st March      2020
  
Liabilities
Amount
Assets
Amount
 
Share   Capital
16.00
Fixed   Assets (Net)
60.00
 
Investments
16.60
 
Reserves   & Surplus
22.00
Cash   & Bank
00.20
 
Secured   Loans
21.00
Debtors
11.80
 
Unsecured   Loans
25.00
Inventories
10.60
 
Current   Liabilities
16.00
Prepaid   Expenses
00.80
 
 
Total
100.00
Total
100.00
 
Profit and loss account for the year ended on 31st March 2020
  
Particulars
Amount
Particulars
Amount
 
Opening   Stock
13
Sales
105
 
Purchases
69
Closing   Stock
15
 
Wages
12
 
Other expenses
10
 
Gross   Profit
16
 
 
Total
120
Total
120
 
 
Admin.   expenses
1.50
Gross   Profit b/d
16
 
Selling   expenses
2.00
 
Depreciation
2.50
 
Interest
1.00
 
Net   Profit
9.00
 
Total
16.00
Total
16.00
 
Income   tax
4.00
Net Profit   b/d
9.00
 
Equity   dividend
3.00
 
Retained   earnings
2.00
 
 
Total
9.00
Total
9.00
Calculate  the following :- (20 Marks )
Current Ratio
Quick Ratio
Inventory Turnover Ratio
Debtors Turnover Ratio
Fixed Assets Turnover Ratio
Debt to Equity Ratio
Gross Profit Ratio
Net Profit Ratio
Return on shareholders equity.
Average Collection Period
2. Imagine yourself as an entrepreneur of ABC LTD. ABC Ltd is a new startup dealing with high-end -organic products ( FMCG). Based on the given scenario- answer the following questions. (10 Marks)
Which source of finance would you prefer for      the start up – Debt / Equity or both? Provide your      reason for the same.
After 2 successful years, you have planned to      expand your business to Organic Cosmetic Products as well. Detail on the      external source of funds that you prefer.

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