Advertisement

Question 114 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 114 Chapter 4 of +2-B
Question No. 114- Chapter No.4 - T.S. Grewal +2 Book Part B

Advertisement

Question 114 Chapter 4 of +2-B

Advertisement

Operating Ratio

114. From the following information, calculate Operating Ratio:

 Rs. Rs. 
Cost of Revenue  Revenue from Operation: 
from Operations Cost of Goods Sold52,000Gross Sales88,000
Operating Expenses18,000Sales Return8,000

 

The solution of Question 114 Chapter 4 of +2-B: –

Advertisement-X

 

Net Sales=Gross Sales – Sales Return
 =Rs. 88,000 – Rs. 8,000
 =Rs. 80,000
Operating Cost=Cost of Goods Sold + Operating Expenses
 =Rs. 52,000 + Rs. 18,000
 =Rs. 70,000

 

Operating Ratio=Operating CostX100
Net Sales
 =Rs. 70,000X100
Rs. 80,000
 =87.5%
  

 

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Advertisement-X

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

Advertisement

Advertisement

error: Content is protected !!