Following is the statement of profit and loss of Maria Ltd. for the year ended 31st March, 2018. Calculate the operating cost ratio.

Statement of Profit and Loss

Particulars	Note No.	Amount Rs.
I. Revenue from operations		8,00,000
II. Other Income		20,000
III. Total revenue (I +II)		8,20,000
IV. Expenses:
Purchases of stock-in-trade		4,50,000
Changes in inventories		-40,000
Employee benefits expenses	1	22,000
Other expenses	2	68,000
Total expenses		5,00,000
V. Profit before tax (III-IV)		3,20,000

Notes to Accounts

Particulars	Amount Rs.
1. Employee benefits expenses
Wages (direct)	10,000
Salaries	12,000
Total	22,000
2. Other expenses	20,000
Selling and distribution expenses	28,000
Loss on sale of fixed asset	20,000
Total	68,000

Calculate quick ratio: Total current liabilities Rs. 2,40,000; Total current assets Rs. 4,50,000; Inventories Rs. 70,000; Prepaid expenses Rs. 20,000.

From the following information calculate debt equity ratio.

Balance Sheet (Extract) as on 31st March, 2019

Particulars	Amount Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital
Equity share capital	6,00,000
(b) Reserves and surplus	2,00,000
2. Non-current liabilities
Long-term borrowings (Debentures)	6,00,000
3. Current liabilities
(a) Trade payables	1,60,000
(b) Other current liabilities
Outstanding expenses	40,000
Total	16,00,000

From the following information calculate capital gearing ratio:

Balance Sheet (Extract) as on 31.03.2018

Particulars	Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital
Equity share capital	4,00,000
5% Preference share capital	1,00,000
(b) Reserves and surplus
General reserve	2,50,000
Surplus	1,50,000
2. Non-current liabilities
Long-term borrowings (6% Debentures)	3,00,000
3. Current liabilities
(a) Trade payables	1,20,000
Provision for tax	30,000
Total	13,50,000

From the given information calculate the inventory turnover ratio and inventory conversion period (in months) of Devi Ltd.

Particulars	Rs
Revenue from operations	12,00,000
Inventory at the beginning of the year	1,70,000
Inventory at the end of the year	1,30,000
Purchases made during the year	6,90,000
Carriage inwards	20,000