Question 100 Chapter 4 of +2-B
Table of Contents
Miscellaneous (Analytical Questions)
100. (GP Ratio/WC/T/0 Ratio/Debt Equity Ratio/Proprietary Ratio) From the information given below, calculate any three of the following ratios :
(i) Gross Profit Ratio, (ii) Working Capital Turnover Ratio, (iii) Debt-Equity Ratio, (iv) Proprietary Ratio.
Information :
Revenue from Operation ₹ 5,00,000 ; Cost of Revenue from Operation ₹ 3,00,000 ; Current Assets ₹ 2,00,000; Current Liabilities ₹ 1,40,000 ; Paid-up Share Capital ₹ 2,50,000; 13% Debentures ₹ 1,00,000.
The solution of Question 100 Chapter 4 of +2-B: –
| (a) Gross Profit Ratio | = | Gross Profit | X | 100 |
| Net Sales | ||||
| = | ||||
| = | ₹ 2,00,000 | X | 100 | |
| ₹ 5,00,000 | ||||
| = | 40% |
| (ii) Working Capital Turnover Ratio | = | Net Sales |
| Working Capital | ||
| = | ||
| = | ₹ 5,00,000 | |
| ₹ 60,000 | ||
| = | 8.33 times |
| (iii) Debt Equity Ratio | = | Long Term Debts |
| Shareholders Funds | ||
| = | ||
| = | ₹ 1,00,000 | |
| ₹ 2,50,000 | ||
| = | 0.4 : 1 |
| (iv) Proprietary Ratio | = | Proprietor’s Funds |
| Total Assets | ||
| = | ||
| = | ₹ 2,50,000 | |
| ₹ 4,90,000 | ||
| = | 51% |
| Gross Profit | = | Net Sales – Cost of goods sold |
| = | ₹ 5,00,000 – ₹ 3,00,000 | |
| = | ₹ 2,00,000 | |
| Working Capital | = | Current Assets – Current Liabilities |
| = | ₹ 2,00,000 – ₹ 1,40,000 | |
| = | ₹ 60,000 | |
| Total Assets | = | Share capital + Current Liabilities + 13% Debentures |
| = | ₹ 2,50,000 + ₹ 1,40,000 + ₹ 1,00,000 | |
| = | ₹ 4,90,000 |
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 (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- 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
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
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