Calculate the current ratio from the following information.

Particulars	Rs.	Particulars	Rs.
Current investments	40,000	Fixed assets	5,00,000
Inventories	2,00,000	Trade creditors	80,000
Trade debtors	1,20,000	Bills payable	50,000
Bills receivable	80,000	Expenses payable	20,000
Cash and cash equivalents	10,000	Non-current liability	3,00,000

Following is the balance sheet of Lakshmi Ltd. as on 31st March, 2019:

Particulars	Rs.
I EQUITY AND LIABILITIES
1. Shareholders’ funds
Equity share capital	4,00,000
2. Non-current liabilities	2,00,000
Long term borrowings
3. Current liabilities
(a) Short-term borrowings	50,000
(b) Trade payables	3,10,000
(c) Other current liabilities
Expenses payable	15,000
(d) Short-term provisions	25,000
Total	10,00,000
II ASSETS
1. Non-current assets
(a) Fixed assets	4,00,000
Tangible assets
2. Current assets
(a) Inventories	1,60,000
(b) Trade debtors	3,20,000
(c) Cash and cash equivalents	80,000
(d) Other current assets
Prepaid expenses	40,000
Total	10,00,000

Calculate:
(i) Current ratio
(ii) Quick ratio

From the following Balance Sheet of Sundaram Ltd. calculate proprietary ratio:

Balance Sheet of Sundaram Ltd. as on 31.3.2019

Particulars	Amount Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital
(i) Equity share capital	2,50,000
(ii) Preference share capital	1,50,000
(b) Reserves and surplus	50,000
2. Non-current liabilities
Long-term borrowings	-
3. Current liabilities
Trade payables	1,50,000
Total	6,00,000
II ASSETS
1. Non-current assets
(a) Fixed assets	4,60,000
(b) Non-current investments	1,00,000
2. Current assets
Cash and Cash equivalents	40,000
Total	6,00,000

From the following Balance Sheet of James Ltd. as on 31.03.2019 calculate
(i) Debt-equity ratio
(ii) Proprietary ratio
(iii) Capital gearing ratio

Balance Sheet of Sundaram Ltd. as on 31.3.2019

Particulars	Amount Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital
Equity share capital	2,50,000
6% Preference share capital	2,00,000
(b) Reserves and surplus	1,50,000
2. Non-current liabilities
Long-term borrowings (8% Debentures)	3,00,000
3. Current liabilities
Short-term borrowings from banks	2,00,000
Trade payables	1,00,000
Total	12,00,000
II ASSETS
1. Non-current assets
Fixed assets	8,00,000
2. Current assets
(a) Inventories	1,20,000
(b) Trade receivables	2,65,000
(c) Cash and Cash equivalents	10,000
(d) Other current assets
Expenses paid in advance	5,000
Total	12,00,000

The credit revenue from operations of Velavan Ltd, amounted to Rs. 10,00,000. Its debtors and bills receivables at the end of the accounting period amounted to Rs. 1,10,000 and Rs. 1,40,000 respectively. Calculate trade receivables turnover ratio and also collection period in months.