Question 111 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question No. 111 Chapter No.4 T.S. Grewal 2 Book Part B min 1024x576 - Question 111 Chapter 4 of +2-B  - T.S. Grewal 12 Class

Question 111 Chapter 4 of +2-B

Operating Ratio

111. Cost of Revenue from Operations (Cost of Goods Sold) Rs. 3,00,000.
Operating Expenses Rs. 1,20,000. Revenue from Operations: Cash Sales
Rs. 5,20,000; Return Rs. 20,000. Calculate Operating Ratio.

 

The solution of Question 111 Chapter 4 of +2-B: –

 

Net Sales = Sales – Sales Return
  = Rs. 5,20,000 – Rs. 20,000
  = Rs. 5,00,000
Operating = Cost of Goods Sold + Operating Expenses
  = Rs. 3,00,000 + Rs. 1,20,000
  = Rs. 4,20,00

 

Revenue from Operations = Gross Profit X 100
Net Sales
Revenue from Operations = Rs. 4,20,000 X 100
Rs. 5,00,000
  = 84%
   

 

 

 

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 111 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

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