Question 46 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
40. From the following calculate working capital turnover ratio:
Particulars | ₹ |
Cost of goods sold | 7,20,000 |
Operating expenses | 70,000 |
Sales | 10,90,000 |
Sales return | 90,000 |
The solution of Question 46 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
Operating ratio |
= | Operating cost | X | 100 |
Net Sales |
Operating cost | = | C.O.G.S + Operating Expenses |
= | 7,20,000 +70,000 | |
= | ₹7,90,000 | |
Net Sales | = | Sales -Sales Return |
= | 10,90,000 -90,000 | |
= | ₹10,00,000 |
Operating ratio |
= | 7,90,000 | x | 100 |
10,00,000 |
= | 79 % Ans. |
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Accounting Ratios – Meaning and Definition
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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