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

Question 101 Chapter 4 of +2-B

Question 101 Chapter 4 of +2-B

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

 

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)

  • Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
  • Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
  • Chapter No. 3 – Goodwill: Nature and Valuation
  • Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
  • Chapter No. 5 – Admission of a Partner
  • Chapter No. 6 – Retirement/Death of a Partner
  • Chapter No. 7 – Dissolution of a Partnership Firm

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)

  • Chapter No. 1 – Financial Statements of a Company
  • Chapter No. 2 – Financial Statement Analysis 
  • Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
  • Chapter No. 4 – Accounting Ratios
  • Chapter No. 5 – Cash Flow Statement

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

2 Book 3 min 225x300 - Question 101 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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