ABC Company Ltd provides you following information and balance sheet on 31 December: Balance Sheet Liabilities Amount Assets Amount Equity shares capital @ Rs 100 6% Preference shares capital 8%...

Extracted text: ABC Company Ltd provides you following information and balance sheet on 31 December: Balance Sheet Liabilities Amount Assets Amount Equity shares capital @ Rs 100 6% Preference shares capital 8% Debentures 200,000 Fixed assets 475,000 50,000 Long term investment 50,000 Other quick assets 180,000 Closing stock 180,000 Preliminary expenses 131,750 Account receivable 55,750 50,000 135,000 Current liabilities 20,000 General reserve 10,000 P&L account last year 157,500 P&L account current year 847,500 847,500 Other information: Fixed assets turnover ratio was 3 times for the year. Net profit margin before interest and tax was 10% opening stock sales. Company is within 50% tax brackets, Working days during the year was 360 days. Required: (a) Current ratio; (b) Quick ratio; (c) Debt equity ratio; (d) Return on shareholders' equity.