Question 58 Chapter 4 of +2-B
Working Capital Turnover Ratio
58. (Working Capital T/0 Ratio from Cost of Sales) Find out the working capital turnover ratio.
₹ | |
Cash | 10,000 |
Trade receivables | 30,000 |
Inventory | 10,000 |
Input IGST | 10,000 |
Trade payable | 30,000 |
Cost of sales | 1,50,000 |
The solution of Question 58 Chapter 4 of +2-B: –
Working Capital Turnover Ratio | = | Cost of Revenue from Operation* |
Working Capital | ||
Cost of sales | = | ₹ 1,50,000 |
Working Capital | = | Current Assets – Current Liabilities |
= | Cash + Trade receivables + Inventory + Input IGST | |
= | ₹ 10,000 + ₹ 30,000 + ₹ 10,000 + ₹ 10,000 | |
= | ₹ 60,000 | |
Current Liabilities | = | Trade Payable |
= | ₹ 30,000 | |
Working Capital | = | ₹ 60,000 – ₹ 30,000 |
= | ₹ 30,000 | |
= | ₹ 1,50,000 | |
Working Capital Turnover Ratio | ₹ 30,000 | |
= | 5 times |
*In this question sales or revenue from the operation is not given, to solve this question Cost of sales is taken for the calculation of the ratio.
End of Solution
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The solution to all questions of Chapter No. 14 – Accounting Ratios Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
Question 04 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 14 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 24 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 33 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 43 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 53 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 63 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 73 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 83 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 93 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 103 Chapter 4 of +2-B – USHA Publication 12 Class
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Question 113 Chapter 4 of +2-B – USHA Publication 12 Class
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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum
Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Chapter No. 11 – Financial Statements of a Company
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
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Chapter No. 14 – Accounting Ratios
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication
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