Friday FM Test

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Financial Management Classroom Test1. Prepare a Balance Sheet from the following information Current Ratio 2.5 Liquid Ratio 1.5 Working Capital Rs. 6,00,000 Stock Turnover Ratio 5 Gross Profit Ratio 20% COGS to Fixed Assets = 2 times Average Debt Collection Period= 2.4 times Fixed Assets to Equity = 0.80 Debt Ratio= 0.282.