In this question, candidates were required to:

1. prepare a Balance Sheet.
2.      calculate the following:

1. acid test ratio;
2. capital employed;
3. working capital;
4. current ratio.

observation

Many candidates attempted this question and scored good marks in 9(a) i.e. Balance sheet.  In 9(b) majority of the candidates were able to state the formula but ended up with poor calculation of the final figures.