## Question 97 Chapter 4 of +2-B – USHA Publication 12 Class

Question 97 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

97. (Proprietary Ratio/Debt Equity Ratio)

 BALANCE SHEET OF BHARAT RUBBER LTD. AS ON 31ST MARCH, 2018 Particulars ₹ I. Equity and Liabilities Shareholders’ Funds Equity Share Capital 3,20,000 Subscribed and Paid up Reserves and Surplus Surplus in Statement of Profit and Loss Account 48,000 Reserves 1,00,000 Non-Current Liabilities Long-term Borrowings 9% Debentures 1,20,000 Current Liabilities Trade Payable 3,04,000 8,92,000 II. Assets Non-Current Assets Tangible Assets Building 3,00,000 Machinery 60,000 Current Assets Inventory 1,76,000 Trade Receivable 3,28,000 Bank 28,000 8,92,000

From the balance sheet given above, calculate the following ratios :
(i) Proprietary ratio (ii) Debt equity ratio

## The solution of Question 97 Chapter 4 of +2-B: –

 (a) Proprietary Ratio = Proprietor’s funds Total Assets = = ₹ 4,68,000 ₹ 8,92,000 = 1.67: 1
 (b) Debt Equity Ratio = Debt Equity = = ₹ 1,20,000 ₹ 4,68,000 = 0.26 : 1

 Proprietor’s funds = Equity Share Capital + Surplus + Reserve = ₹ 3,20,000 + ₹ 48,000 + ₹ 1,00,000 = ₹ 4,68,000 Debt = ₹ 1,22,000 Equity = Equity Share Capital + Surplus + Reserve = ₹ 3,20,000 + ₹ 48,000 + ₹ 1,00,000 = ₹ 4,68,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 96 Chapter 4 of +2-B – USHA Publication 12 Class

Question 96 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

96. (Operating Ratio/Quick Ratio/WC T/O Ratio) Calculate (a) Operating Ratio (b) Quick Ratio (c) Working Capital Turnover Ratio from the following information

 ₹ ₹ Equity share capital 1,00,000 Purchases 1,20,000 8% Preference share capital 80,000 Wages 8,000 9% Debentures 60,000 Closing stock 18,000 General Reserve 10,000 Selling and distribution Expenses 2,000 Sales (Revenue from Operation) 2,00,000 Other current Assets 50,000 Opening Inventory 12,000 Current liabilities 30,000

## The solution of Question 96 Chapter 4 of +2-B: –

 (a) Operating Ratio = Operating Cost X 100 Net Sales = = ₹ 1,24,000 X 100 ₹ 2,00,000 = 62%

 (b) Quick Ratio = Quick Assets Current Liabilities = = ₹ 50,000 ₹ 30,000 = 1.67: 1
 (c) Working Capital Turnover Ratio = Sales Working Capital = ₹ 2,00,000 ₹ 38,000 = 5.26 times

 Operating Cost = Cost of goods sold + Operating Expenses Cost of goods sold = Opening Stock + Purchases + Direct Expenses – Closing Stock = ₹ 12,000 + ₹ 1,20,000 + ₹ 8,000 – ₹ 18,000 = ₹ 1,22,000 Operating Cost = ₹ 1,22,000 + ₹ 2,000 = ₹ 1,24,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 95 Chapter 4 of +2-B – USHA Publication 12 Class

Question 95 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

95. (NP Ratio/Current Ratio/Debt Equity Ratio from a complete Balance sheet) Balance Sheet of ‘A’ Ltd. is given below :

 Particulars ₹ I. Equity and Liabilities Shareholders’ Funds Equity Share Capital 4,000 Shares of 100 each fully paid 4,00,000 Reserves and Surplus Surplus in Statement of Profit and Loss (Current year profit after tax) 3,00,000 General Reserve 3,00,000 Non-Current Liabilities Long-term Borrowings 15% Debentures 2,00,000 Current Liabilities Trade Payable 5,80,000 17,80,000 II. Assets Non-Current Assets Tangible Assets Building 6,00,000 Machinery 1,20,000 Current Assets Inventory 3,50,000 Trade Receivable 6,50,000 Input CGST 25,000 Input SGST 25,000 Bank 10,000 17,80,000

Net sales (Revenue from Operation) for the current year ₹ 57,60,000
Calculate the following ratios :
(i) Net profit ratio, (ii) Current ratio,
(iii) Debt equity ratio.

## The solution of Question 95 Chapter 4 of +2-B: –

 (i) Net Profit Ratio = Net Profit X 100 Net Sales = = ₹ 3,00,000 X 100 ₹ 57,60,000 = 70%

 (ii) Current Ratio = Current Assets Current Liabilities = = ₹ 10,60,000 ₹ 5,80,000 = 1.83: 1
 (iii) Debt equity Ratio = Debt Equity = = ₹ 2,00,000 ₹ 10,00,000 = 1: 5

 Current Assets = Trade Receivable + Inventory + Input CGST + Input SGST + Bank = ₹ 6,50,000 + ₹ 3,50,000 + ₹ 25,000 + ₹ 25,000 + ₹ 10,000 = ₹ 10,60,000 Current Liabilities = Trade Payable = ₹ 5,80,000 Debt = 15% Debentures = ₹ 2,00,000 Gross Profit = Equity Share Capital +Surplus in Statement of Profit and Loss + General Reserve = ₹ 4,00,000 + ₹ 3,00,000 + ₹ 3,00,000 = ₹ 10,00,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 94 Chapter 4 of +2-B – USHA Publication 12 Class

Question 94 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

94. (Current Ratio/Acid Test Ratio/Operating Ratio/GP Ratio) Calculate the following ratios, from the details given as under :
(i) Current ratio (ii) Acid test ratio
(iii) Operating ratio (iv) Gross profit ratio

 ₹ Liquid assets 40,000 Current liabilities 20,000 Inventory 10,000 Sales (Revenue from Operation) 50,000 Operating expenses 15,000 Cost of goods sold (i.e. Cost of Revenue from Operation) 20,000

## The solution of Question 94 Chapter 4 of +2-B: –

 (i) Current Ratio = Current Assets Current Liabilities = = ₹ 50,000 ₹ 20,000 = 2.5: 1
 (ii) Acid Test Ratio = Liquid Assets Current Liabilities = = ₹ 40,000 ₹ 20,000 = 2: 1

 (iii) Operating Ratio = Operating Cost X 100 Sales = = ₹ 35,000 X 100 ₹ 70,000 = 70%
 (iv) Gross Profit Ratio = Gross Profit X 100 Sales = = ₹ 30,000 X 100 ₹ 50,000 = 60%

 Current Assets = Liquid Assets + Stock = ₹ 40,000 + ₹ 10,000 = ₹ 50,000 Current Liabilities = ₹ 20,000 Operating Cost = Cost of goods sold + Operating Expenses = ₹ 20,000 + ₹ 15,000 = ₹ 35,000 Gross Profit = Sales – Cost of goods sold = ₹ 50,000 – ₹ 20,000 = ₹ 30,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 93 Chapter 4 of +2-B – USHA Publication 12 Class

Question 93 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

93. (Current Ratio/Operating Ratio) From the following data calculate :
(i) Current ratio, and (ii) Operating ratio

 ₹ Trade Receivable 1,02,000 Trade Payable 66,000 Inventory 15,000 Cash 10,000 Bank 5,000 Revenue from Operation 60,000 Operating expenses 12,000 Cost of goods sold i.e. Cost of Revenue from Operation 18,000

## The solution of Question 93 Chapter 4 of +2-B: –

 (i) Current Ratio = Current Assets Current Liabilities = = ₹ 1,32,000 ₹ 66,000 = 2: 1
 (ii) Operating Ratio = Operating Cost X 100 Sales = = ₹ 30,000 X 100 ₹ 60,000 = 50%

 Current Assets = Trade Receivable + Stock + Cash + Bank = ₹ 1,02,000 + ₹ 15,000 + ₹ 10,000 + ₹ 5,000 = ₹ ₹ 1,32,000 Current Liabilities = Trade Payable = ₹ 66,000 Operating Cost = Cost of goods sold + Operating Expenses = ₹ 18,000 + ₹ 12,000 = ₹ 30,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 92 Chapter 4 of +2-B – USHA Publication 12 Class

Question 92 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

92. (Return on investment/Total Asset to Debt Ratio) From the following information calculate (a) Return on investment and (b) Total Assets to Debt Ratio Fixed Assets ₹ 15,00,000; Current Assets ₹ 8,00,000; Current Liabilities ₹ 5,40,000; 10% Public Deposits ₹ 16,00,000; Net Profit Before Interest Tax and dividend ₹ 2,90,000

## The solution of Question 92 Chapter 4 of +2-B: –

 (a) Return on investment = Net profit before interest, Tax & Dividend X 100 Investment = = ₹ 2,90,000 X 100 ₹ 17,60,000 = 16.48%

 (b) Total Assets to Debt Ratio = Total Assets Long Term Debt = = ₹ 23,00,000 ₹ 16,00,000 = 1.44: 1

 Investment = Fixed Assets + Current Assets – Current Liabilities = ₹ 15,00,000 + ₹ 8,00,000 – 5,40,000 = ₹ 17,60,000 Total Assets = Fixed Assets + Current Assets = ₹ 15,00,000 + ₹ 8,00,000 = ₹ 23,00,000 Long Term debt = Public Deposits = ₹ 16,00,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 91 Chapter 4 of +2-B – USHA Publication 12 Class

Question 91 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

91. (GP Ratio/Debt Equity Ratio/WC T/O Ratio) Calculate (a) Gross Profit Ratio (b) Debt Equity Ratio (c) Working capital Turnover ratio
from the following information

 ₹ ₹ Net Sales (Revenue from Operation) 3,75,000 Current Assets 4,25,000 Cost of goods sold (i.e. Cost of Revenue from Operation) 2,50,000 Equity Share Capital 1,90,000 Current liabilities 1,20,000 Debentures 75,000 Loan 60,000

## The solution of Question 91 Chapter 4 of +2-B: –

 (a) Gross Profit Ratio = Gross Profit X 100 Net Sales = = ₹ 1,25,000 X 100 ₹ 3,75,000 = 33.33%

 (b) Debt Equity Ratio = Debt Equity = = ₹ 1,35,000 ₹ 1,90,000 = 0.71 : 1
 (c) Working Capital Turnover Ratio = Net Sales Working Capital = = ₹ 2,50,000 ₹ 3,05,000 = 1.23 times

or

 (c) Working Capital Turnover Ratio = Cost of goods sold Working Capital = = ₹ 2,50,000 ₹ 3,05,000 = 0.18 times

 Gross Profit = Net Sales – Cost of goods sold = ₹ 3,75,000 – ₹ 2,50,000 = ₹ 1,25,000 Debt = Loan + Debentures = ₹ 60,000 + ₹ 75,000 = ₹ 1,35,000 Working Capital = Current Assets – Current Liabilities = ₹ 4,25,000 – ₹ 1,20,000 = ₹ 3,05,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 90 Chapter 4 of +2-B – USHA Publication 12 Class

Question 90 Chapter 4 of +2-B

Earning Per Share, Dividend Per Share. Price Earning Ratio Not For PSEB Students)

90. The capital of a limited company is as follows :

 ₹ 10% preference shares of 10 each 2,00,000 Equity shares of 10 each 10,00,000 12,00,000

Net profit after tax 4,20,000. Profit distributed as dividend 50%.
The market price of equity share is ₹ 35.

You are required to calculate
(i)Earning per share
(ii) Dividend per share
(iii) Price Earning Ratio

## The solution of Question 90 Chapter 4 of +2-B: –

 Earnings per Share = Net profit after Interest and Tax Preference Dividend Number of Equity Shares = = ₹ 4,00,000 1,00,000 = ₹ 4
 Dividend Per share = Profit distributed as equity share Number of equity shares = = ₹ 2,00,000 1,00,000 = ₹ 2

 Price Earning Ratio = Market price per share Earning per share = = ₹ 35 ₹ 4 = 8.75 times

 Preference Dividend = 10% Preference share = 10 X ₹ 2,00,000 100 = ₹ 20,000 Net profit preference Dividend = Profit after tax – Preference Dividend = ₹ 4,20,000 – ₹ 20,000 = ₹ 4,00,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 89 Chapter 4 of +2-B – USHA Publication 12 Class

Question 89 Chapter 4 of +2-B

Earning Per Share, Dividend Per Share. Price Earning Ratio Not For PSEB Students)

89. The capital of Everest Co. Ltd. is as follows :

 ₹ 9% Preference share of 10 each 3,00,000 Equity shares of 10 each 8,00,000 11,00,000

The Accountant has ascertained the following information :

 Profit after tax at 65% p.a. 2,70,000 Equity dividend paid 20% 60,000 Market price per equity share 40

You are required to calculate the following
(i)Earning per share
(ii) Price Earning Ratio

## The solution of Question 89 Chapter 4 of +2-B: –

 Earnings per Share = Net profit after Interest and Tax Preference Dividend Number of Equity Shares = = ₹ 2,43,000 ₹ 80,000 = ₹ 3.0375
 Price Earning Ratio = Market price per share Earning per share = = ₹ 40 ₹ 3.0375 = 13.16 times

 Preference Dividend = 9% Preference share = 9 X ₹ 3,00,000 100 = ₹ 27,000 Net profit preference Dividend = Profit after tax – Preference Dividend = ₹ 2,70,000 – ₹ 27,000 = ₹ 2,43,000

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement

## Question 88 Chapter 4 of +2-B – USHA Publication 12 Class

Question 88 Chapter 4 of +2-B

Price Earning Ratio (Not For PSEB Students)

88. From the following details supplied by XYZ Ltd.
Calculate price earning ratio
Market price per share ₹ 100
Earning per share ₹ 10

## The solution of Question 88 Chapter 4 of +2-B: –

 Price Earning Ratio = Market price per share Earning per share = = ₹ 100 ₹ 10 = ₹ 10

Also, Check out the solved question of previous Chapters: –

## Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

• Chapter No. 1 – Accounting Not for Profit Organisations

• Chapter No. 2 – Partnership Accounts – I

• Chapter No. 3 – Partnership Accounts – II (Introduction)

• Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

• Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

• Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

• Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

• Chapter No. 8 – Company Accounts (Share Capital)

• Chapter No. 9 – Company Accounts (Issue of Debentures)

• Chapter No. 10 – Company Accounts (Redemption of Debentures

## Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

• Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

• Chapter No. 2 – Techniques of Financial Statement Analysis

• Chapter No. 3 – Ratio Analysis

• Chapter No. 4 – Cash Flow Statement