Current ratio before payment = 800000 / 600000 = 1.33
Curren ratio after payment = 600000 / 400000 = 1.5
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
. Hiran, a retailer, has prepared the following balance sheets for the years ending 31st March 2004 and 2005: Balance Sheets as on 31st March, 2004 and 2005 Particulars 2004 2005 Freehold property at cost 200000 200000 Furniture 32000 Less depreciation 23200 8000 30000 20000 10000 Current Assets: Stock Debtors and prepayments Cash in hand and at bank 36000 50000 4000 34000 34000 2000 Liabilities: Capital Trade and accrued expenses Loan account 254800 24000 20000 260000 20000 ------- Total 298800 280000 Other data: The net profit for the year 2004 was Rs.40000. Hiran is paid a salary of Rs.16,000. His drawings amounted to Rs.45,200. You are required to prepare a statement of changes in financial position, on working capital basis
$200000
200000
200000
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
200000
not provided, as the information given does not include the total debt amount.
200000 is two hundred thousand, whether in German Marks, in inches or grams. The DMark is now a defunct currency and the current value of 200000 DM is not simple to establish.
This would be $1354.077 at the current (Volatile) Exchange rate.
the pay of the annual fees is 200000
It is 200000.
5% of 200,000= 5% * 200000= 0.05 * 200000= 10,000
40% of 200000 = 200000*40/100 = 80000
5% of 200,000= 5% * 200000= 0.05 * 200000= 10,000
95% of 200,000= 95% * 200000= 0.95 * 200000= 190,000
30% of 200,000= 30% * 200000= 0.3 * 200000= 60,000