Following is the extract of the balance sheet of Hindustan Products Ltd., as on 31^st March 2019.

Particulars	Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital	2,90,000
(b) Reserves and surplus	60,000
2. Non-current liabilities
Long term borrowings	40,000
3. Current liabilities
(a) Trade payables	1,15,000
(b) Other current liabilities	15,000
Total	5,20,000

Calculate (i) Inventory turnover ratio (ii) Trade receivables turnover ratio (iii) Trade payables turnover ratio and (iv) Fixed assets turnover ratio from the following information obtained from Dolphin Ltd.

Particulars	As on 31st March 2017 Rs.	As on 31st March 2018 Rs.
Inventory	70,000	50,000
Trade receivables	40,000	30,000
Trade payables	20,000	25,000
Fixed assets	2,75,000	2,50,000

Additional information:
(i) Revenue from operations for the year              Rs.5,25,000
(ii) Purchases for the year                                  Rs.2,25,000
(iii) Cost of revenue from operations                    Rs.3,00,000    
Assume that sales and purchases are for credit

Calculate quick ratio of Babu construction Ltd., from, the information given below

Particulars	Rs.
Total current liabilities	2,00,000
Total current assets	4,00,000
Inventories	70,000
Prepaid expenses	30,000

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

Balance sheet of Luckman Ltd. as on 31.3.2018

Particulars	Rs.
I. EQUITY AND LIABILITIES
1. Shareholders' funds
(a) Share capital
(i) Equity share capital	1,00,000
(ii) Preference share capital	75,000
(b) Reserves and surplus	25,000
2. Non-current liabilities
Long term borrowings	-
3. Current liabilities
Trade payables	2,00,000
Total	4,00,000
II. ASSETS
1. Non-current assets
(a) Fixed assets	2,75,000
(b) Non -current investments	50,000
2. Current assets
Cash and cash equivalents	75,000
Total	4,00,000

From the following figures obtained from Sun Ltd; calculate the trade payables turnover ratio and credit payment period (in days).

Particulars	Rs.
Credit purchases during 2018 - 2019	1,00,000
Trade creditors as on 1.4.2018	20,000
Trade creditors as on 31.3.2019	10,000
Bills payable as on 1.4.2018	4,000
Bills payable as on 31.3.2019	6,000