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Question No 46 Chapter 7 – UNIMAX Class 12 Part 2 – 2021
From the following calculate working capital turnover ratio:
| Particulars | ₹ |
| Cost of goods sold | 7,20,000 |
| Operating expenses | 70,000 |
| Sales | 10,90,000 |
| Sales return | 90,000 |
|
Operating ratio Advertisement |
= | Operating cost | X | 100 |
| Net Sales |
| Operating cost | = | C.O.G.S + Operating Expenses |
| = | 7,20,000 +70,000 | |
| = | ₹7,90,000 | |
| Net Sales | = | Sales -Sales Return |
| = | 10,90,000 -90,000 | |
| = | ₹10,00,000 |
|
Operating ratio |
= | 7,90,000 | x | 100 |
| 10,00,000 |
| = | 79 % Ans. |
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 No 46 Chapter 7 – UNIMAX Class 12 Part 2 – 2021", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 12 Part 2 - 2023.
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.
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