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Question 60 Chapter 4 of +2-B
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Table of Contents
Working Capital Turnover Ratio
Fixed Asset T/O Ratio (Not for PSEB-Students)
60.(Calculate Fixed Assets Turn Over Ratio)Calculate Fixed Assets turnover ratio from the following :
₹ | |
Working capital | 2,00,000 |
Cost of goods sold | 30,00,000 |
Gross Profit | 10,00,000 |
Capital employed | 12,00,000 |
The solution of Question 60 Chapter 4 of +2-B: –
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Fixed Assets Turnover Ratio | = | Net Sales |
Net Fixed Assets | ||
Cost of sales | = | ₹ 40,00,000* |
₹ 10,00,000** | ||
Gross profit on Sale | = | 4 times |
*Net sales | = | Cost of goods sold + Gross Profit |
= | ₹ 30,00,000 + ₹ 10,00,000 | |
= | ₹ 40,00,000 | |
**Net Fixed Assets | = | Capital employed – Working capital |
= | ₹ 12,00,000 – ₹ 2,00,000 | |
= | ₹ 10,00,000 |
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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