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Question No 57 Chapter 7 – UNIMAX Class 12 Part 2 – 2021
57. From the following figures calculate (1) Gross profit ratio, (2) Net profit ratio, (3) working capital turnover ratio, (4) Debt-equity ratio:
| Particulars | (₹) |
| Net sales | 30,00,000 |
| Cost of goods sold | 20,00,000 |
| Net profit | 3,00,000 |
| Current assets | 6,00,000 |
| Current liabilities | 2,00,000 |
| Paid up share capital | 5,00,000 |
| Debentures | 2,50,000 |
| (i) G.P | = | Net sales – C.O.G.S |
| = | 30,00,000 – 20,00,000 | |
| = | 10,00,000 |
| G.P. Ratio | = | G.P. | X | 100 |
| Net Sales |
| = | 10,00,000 | X | 100 |
| 30,00,000 | |||
| = | 33.33% Ans. |
| (ii)N.P. Ratio | = | Net Profit | X | 100 |
| Net sales |
| = | 3,00,000 | X | 100 |
| 30,00,000 | |||
| = | 10 % Ans. |
| (iii) working capital | = | current assets – current liabilities |
| = | 6,00,000 – 2,00,000 | |
| = | 4,00,000 |
| = | 30,00,000 |
| 4,00,000 | |
| = | 7.5 times Ans. |
|
(iv) Debt – Equity Ratio |
= | long term debts |
| shareholder' s funds |
| = | 2,50,000 |
| 5,00,000+3,00,000 |
| = | 2,50,000 |
| 8,00,000 | |
| = | 0.3125 : 1 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 57 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.
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