Question 110 Chapter 4 of +2-B – USHA Publication 12 Class

Q-110- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 110 Chapter 4 of +2-B

Miscellaneous (Analytical Questions)

110. (Operating Ratio/Inventory T/O Ratio) From the following information calculate
(a) Operating Ratio (b) Inventory Turnover Ratio

 ₹ ₹ Opening Inventory 5,00,000 Interest Charges 1,80,000 Fixed Assets 5,25,000 Current liabilities 6,00,000 Cost of goods sold (i.e. Cost of Revenue from Operation) 18,00,000 Current Assets 9,75,000 Net Sales (Revenue from Operation) 30,00,000 Closing Inventory 7,00,000 Operating Expenses 4,80,000

The solution of Question 110 Chapter 4 of +2-B: –

 (a) Operating Ratio = Operating Cost X 100 Net Sales = ₹ 22,80,000 X 100 ₹ 30,00,000 = 76%
 (b) Inventory Turnover Ratio = Cost of goods sold Average Inventory = ₹ 18,00,000 ₹ 6,00,000 = 3 times

Working Notes :

 Operating Cost = Cost of goods sold + Operating Expenses = ₹ 18,00,000 – ₹ 4,80,000 = ₹ 22,80,000
 Average Inventory = Opening Inventory + Closing Inventory 2 = ₹ 5,00,000 + ₹ 7,00,000 2 = ₹ 6,00,000

End of Solution

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Question 118 Chapter 4 of +2-B – USHA Publication 12 Class

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

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

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

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

Check out Part 1 of both books.

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