Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Advertisement
Advertisement
Advertisement
Advertisement
Question 100 Chapter 4 of +2-B
Miscellaneous (Analytical Questions)
100. (GP Ratio/WC/T/0 Ratio/Debt Equity Ratio/Proprietary Ratio) From the information given below, calculate any three of the following ratios :
(i) Gross Profit Ratio, (ii) Working Capital Turnover Ratio, (iii) Debt-Equity Ratio, (iv) Proprietary Ratio.
Information :
Revenue from Operation ₹ 5,00,000 ; Cost of Revenue from Operation ₹ 3,00,000 ; Current Assets ₹ 2,00,000; Current Liabilities ₹ 1,40,000 ; Paid-up Share Capital ₹ 2,50,000; 13% Debentures ₹ 1,00,000.
| (a) Gross Profit Ratio | = | Gross Profit | X | 100 |
| Net Sales | ||||
| = | ||||
| = | ₹ 2,00,000 | X | 100 | |
| ₹ 5,00,000 | ||||
| = | 40% |
| (ii) Working Capital Turnover Ratio | = | Net Sales |
| Working Capital | ||
| = | ||
| = | ₹ 5,00,000 | |
| ₹ 60,000 | ||
| = | 8.33 times |
| (iii) Debt Equity Ratio | = | Long Term Debts |
| Shareholders Funds | ||
| = | ||
| = | ₹ 1,00,000 | |
| ₹ 2,50,000 | ||
| = | 0.4 : 1 |
| (iv) Proprietary Ratio | = | Proprietor’s Funds |
| Total Assets | ||
| = | ||
| = | ₹ 2,50,000 | |
| ₹ 4,90,000 | ||
| = | 51% |
| Gross Profit | = | Net Sales – Cost of goods sold |
| = | ₹ 5,00,000 - ₹ 3,00,000 | |
| = | ₹ 2,00,000 | |
| Working Capital | = | Current Assets – Current Liabilities |
| = | ₹ 2,00,000 - ₹ 1,40,000 | |
| = | ₹ 60,000 | |
| Total Assets | = | Share capital + Current Liabilities + 13% Debentures |
| = | ₹ 2,50,000 + ₹ 1,40,000 + ₹ 1,00,000 | |
| = | ₹ 4,90,000 |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 100 Chapter 4 of +2-B - USHA Publication 12 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication Part 2 volume I.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 100 Chapter 4 of +2-B - USHA Publication 12 Class" instantly.
