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Question 101 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 101 Chapter 4 of +2-B
Question No. 101- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 101 Chapter 4 of +2-B

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Working Capital Turnover

101. Calculate Working Capital Turnover Ratio from the following
information:
Revenue from Operations Rs. 30,00,000; Current Assets Rs. 12,50,000; Total Assets Rs. 20,00,000; Non-current Liabilities Rs. 10,00,000, Shareholders’ Funds Rs. 5,00,000.

The solution of Question 101 Chapter 4 of +2-B: –

Revenue from Operations=Rs. 30, 00, 000
Current Liabilities=Total Liabilities – Shareholders’ Funds –
Non-Current liabilities
 =Rs. 20,00,000 – Rs.10,00,000 – Rs. 5,00,000
 =Rs. 5,00,000
Working Capital=Total Assets -Current Liabilities
 =Rs. 12,50,000 – Rs. 5,00,000
 =Rs. 7,50,000

 

Working Capital Turnover RatioCost of Goods Sold
Working Capital
 Rs. 30,00,000
Rs. 7,50,000
 =4 Times

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Balance Sheet: Meaning, Format & Examples

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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

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