Balance sheet of X Limited Shows …
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Balance sheet of X Limited
Shows the following the following information as at 31st March 2020:- share capital 10 lakh ,reserves and surplus is 1500000, general reserve 500000, long term loan at the rate 10%, public deposit 10 lakh, current assets 16 lakh, current liabilities 10 lakh, non current investment 4 lakh ,fixed assets -cost 8000000 ,depreciation written off 5000000. calculate the ratio indicating the long terms and short terms financial position of the company.
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