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Following is a comparative Balance sheet for Aiman Company

Finance

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Following is a comparative Balance sheet for Aiman Company.

Asset: .................................................................. RM

Cash ......................................................................12,400

Marketable Securities ...........................................7,000

Account Receivable ..............................................33,000

Inventories ........................................................47,000

Plant & Equipment ............................................73,000

Other Fixed Assets............................................... 29,000

Total Asset ............................................................201,400

Liabilities & Equity :

Short term notes payable ................................... 60,000

Account Payable ..................................................20,000

Long term debt .....................................................37,500

Common Stock ....................................................40,000

Retained earnings ...............................................43,900

Total Liabilities & Equity ......................................201,400

Sales for year ended were RM200,000. Calculate the following ratios.

a) Current ratio

b) Quick Ratio

c) Debt ratio

d) ROE (Return on equity ratio)

e) ROA (Return on assets ratio)