Particulars

Revenue from Operations

Less : Cost of Goods Sold
Gross Profit
Less: Selling, General & Administrative Expe
Earnings Before Interest and Tax (EBIT)
Less: Interest Charges
Earnings Before Tax (EBT)
Less: Tax @ 34%
Earnings After Tax

Assumptions & Formulae Used:

1 Total Assets Turnover Ratio = Revenue/Total
2 Current Ratio = (Inventories + Receivables +
3 Retained Earnings = 0.5(Inventories + Receiv
4 Debt/Equity Ratio = (Secured Debt + Long-te
5 After utilising all the information and solvi
 Statement of Profit & Loss
Amount(USD)
4,50,00,000
-34200000
1,08,00,000
58,50,000
49,50,000
12,00,000
37,50,000
-1275000
24,75,000
Amount(USD)

l Assets (at the end of the year)

Cash - Bank Overdraft)/(Other Current Liabilities + Payables)
vables + Cash)
rm Bank Notes) /(Common Stock + Retained Earnings)
ing a system of equations, we are getting cash as negative hence it is assumed to be a ban
 Balance Sheet
Equity & Liabilities Amount(USD)Assets
Common Stock 6,00,000 Plant & Equipment
Retained Earnings 3566667 Less: Accumulated Depreciatio
Premium 10577777 Net Plant & Equipment
Secured Debt 30,00,000 Land
Long-term Bank Notes 20,00,000 Inventories
Payables 11,25,000 Receivables
Other Current Liabilities 1630556 Cash

Total 2,25,00,000 Total

nk overdraft
Amount(USD)Amount(USD)
13793333
-15,00,000
12293333
3073333
4885714
5625000
-3377380

2,25,00,000