Assets: employment of capital Equity and liabilities R Fixed Assets 800000 Shareholder capital Lands and...
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Accounting
Assets: employment of capital Equity and liabilities R Fixed Assets 800000 Shareholder capital Lands and buildings 200000 Authorised issed ordinary shares Plant and equipment 1200000 less distributable reserves Accumulated depreciation 600000 600000 Capital reserves Undistributed profit Other Assets Owner's Equity Investments Preference shares capital Lond term Assets 800000 Shareholders' Interest Current Assets 650000 Long Term Debt Cash 30000 Debenture Marketable Securities 220000 Debtors (Net) 200000 Current Liabilities Inventory 40000 Trade Creditors Pre-paid expenses Bank Overdraft Area expenses 1350000 Source: Du Toit et al (2010) Introduction to Business Manaqement ( 8^("th ") Edition) 9 Uuestions: 1.1 Current ratio 1.2 Acid test ratio 1.3 Debit ratio
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