1. a) A company had a liquid ratio of 1.5 and current ratio of 2 and inventory turnover ratio 6 times. It had total current assets of ₹8,00,000. Find out annual sales if goods are sold at 25% profit on cost.

1. b) Calculate debt to capital employed ratio from the following information. 

Shareholder funds ₹ 15,00,000 

8% Debenture ₹ 7,50,000 

Current liabilities ₹ 2,50,000 

Non -current Assets ₹ 17,50,000 

Current Assets ₹7,50,000

Marks-3, CBSE:2023-24/Sample/Q-32