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Question 57 Chapter 4 of +2-B
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Table of Contents
Working Capital Turnover Ratio
57. (Working Capital T/O Ratio from Cost of Sales) Calculate working capital turnover ratio from the following :
₹ | |
Cost of goods sold (i.e. Cost of Revenue from Operation) | 10,00,000 |
Current Assets | 4,00,000 |
Current Liabilities | 20,00,000 |
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The solution of Question 57 Chapter 4 of +2-B: –
Working Capital Turnover Ratio | = | Sales or Revenue from Operation |
Working Capital | ||
Cost of Revenue from Operation | = | ₹ 2,00,000 |
Working Capital | = | Current Assets – Current Liabilities |
= | ₹ 1,00,000 – ₹ 50,000 | |
= | ₹ 50,000 | |
= | ₹ 2,00,000 | |
Working Capital Turnover Ratio | ₹ 5,00,000 | |
= | 4 times |
*In this question sales or revenue from an operation is not given, to solve this question Cost of Revenue from Operation are taken for the calculation of the ratio.
Also, Check out the solved question of previous Chapters: –
Usha 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 (Reconstitution of Partnership)
- 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)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

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