Advertisement

Question 100 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 100 Chapter 4 of +2-B
Question No. 100- Chapter No.4 - T.S. Grewal +2 Book Part B

Advertisement

Question 100 Chapter 4 of +2-B

Advertisement

Working Capital Turnover

100. Capital Employed Rs. 12,00,000; Net Fixed Assets Rs. 8,00,000; Cost of
Goods Sold or Cost of Revenue from Operations 40,00,000; Gross Profit is 20% on Cost.
Calculate Working Capital Turnover Ratio.

The solution of Question 100 Chapter 4 of +2-B: –

Cost of Goods Sold=Rs. 40,00,000
Gross Profit=20% of Cost

 

Gross Profit=Rs.40,00,000 +20
100
 =Rs. 8,00,000   

Advertisement-X

 

Total Sales=Cost of Goods Sold + Gross Profit
 =Rs. 40,00,000 + Rs. 8,00,000
 =Rs. 48,00,000
Working Capital=Capital Employed – Fixed Assets
 =Rs. 12,00,000 – Rs. 8,00,000
 =Rs. 4,00,000

 

Working Capital Turnover RatioCost of Goods Sold
Working Capital
 Rs. 48,00,000
Rs. 4,00,000
 =12 Times

 

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Advertisement-X

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

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

Advertisement-Y

Advertisement

Advertisement

error: Content is protected !!