Question 57 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
57. From the following figures calculate (1) Gross profit ratio, (2) Net profit ratio, (3) working capital turnover ratio, (4) Debt-equity ratio:
| Particulars | (₹) |
| Net sales | 30,00,000 |
| Cost of goods sold | 20,00,000 |
| Net profit | 3,00,000 |
| Current assets | 6,00,000 |
| Current liabilities | 2,00,000 |
| Paid up share capital | 5,00,000 |
| Debentures | 2,50,000 |
The solution of Question 57 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –
| (i) G.P | = | Net sales – C.O.G.S |
| = | 30,00,000 – 20,00,000 | |
| = | 10,00,000 |
| G.P. Ratio | = | G.P. | X | 100 |
| Net Sales |
| = | 10,00,000 | X | 100 | |
| 30,00,000 | ||||
| = | 33.33% Ans. |
| (ii)N.P. Ratio | = | Net Profit | X | 100 |
| Net sales |
| = | 3,00,000 | X | 100 | |
| 30,00,000 | ||||
| = | 10 % Ans. |
| (iii) working capital | = | current assets – current liabilities |
| = | 6,00,000 – 2,00,000 | |
| = | 4,00,000 |
|
|
= | 30,00,000 |
| 4,00,000 | ||
|
|
= | 7.5 times Ans. |
|
(iv) Debt – Equity Ratio |
= | long term debts |
| shareholder’ s funds |
|
|
= | 2,50,000 |
| 5,00,000+3,00,000 |
|
|
= | 2,50,000 |
| 8,00,000 | ||
|
|
= | 0.3125 : 1 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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