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Question 59 Chapter 4 of +2-B – USHA Publication 12 Class

Question 59 Chapter 4 of +2-B
Q-59- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 59 Chapter 4 of +2-B

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Working Capital Turnover Ratio

59. (Working Capital T/O Ratio when GP on Sales is given) Calculate the working capital turnover Ratio from the following

 
Working capital  10,00,000
Cost of goods sold (i.e. Cost of Revenue from Operation)42,00,000
Gross profit on Sale 30%  

The solution of Question 59 Chapter 4 of +2-B: – 

   
Cost of sales=₹ 42,00,000
Working Capital=₹ 30,000
Gross profit on Sale=30%
Calculation of Net Sales  
Let assume sales=₹ 100
Less: Profit 30% on sale=₹ 30
When cost is ₹ 42,00,000 then sales=₹ 100X ₹42,00,000
₹ 70
     
 =₹ 60,00,000  
 =Net Sales
Working Capital Turnover RatioWorking Capital
   
Working Capital Turnover Ratio=₹ 60,00,000
₹ 10,00,000
   
 =6 times

End of Solution

Check Out the Solution of all questions of this chapter:

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.

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Question 06 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 12 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 18 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 30 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 35 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 41 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 47 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 59 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 65 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 71 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 77 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 89 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 95 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 101 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 107 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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Question 119 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

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Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

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

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

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2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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