Following is the information of Raja Ltd. for 2 years. Calculate Fixed Assets Turnover Ratio:
| Particulars | 2021-22 (₹) | 2022-23 (₹) |
|---|---|---|
| Fixed Assets at Written Down Value | 3,00,000 | 6,00,000 |
| Cost of Revenue from Operations | 12,00,000 | 18,00,000 |
Fixed Assets Turnover Ratio = Revenue from Operations ÷ Net Fixed Assets
2021-22: 12,00,000 ÷ 3,00,000 = 4 times
2022-23: 18,00,000 ÷ 6,00,000 = 3 times
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 "T.S. Grewal Class 12 Vol 3 Chapter 4 Q.127 - Accounting Ratios", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 4 - Accounting Ratios.
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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