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Question 60 Chapter 4 of +2-B – USHA Publication 12 Class

Question 60 Chapter 4 of +2-B
Q-60- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 60 Chapter 4 of +2-B

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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 Profit10,00,000
Capital employed12,00,000

 

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

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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