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Question 65 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 65 Chapter 4 of +2-B
Question No. 65- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 65 Chapter 4 of +2-B

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Interest Coverage Ratio

65. from the Following, Calculate Inventory Turnover Ratio :

 Rs.
Revenue from Operations16,00,000
Average Inventory2,20,000
Gross Loss Ratio 5% 

 

The solution of Question 65 Chapter 4 of +2-B: –

Cost of Revenue from Operations=Revenue from Operations + Gross Loss
 =Rs. 16,00,000 + Rs. 80,000
 =Rs. 16,80,000



Average StockOpening Stock + Closing Stock
2

Average Inventory = Rs. 2,20,000

Inventory Turnover RatioCost of Goods of Goods Sold
Average Stock

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Inventory Turnover RatioRs. 16,80,000
Rs. 2,20,000
 =7.64 Times



Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

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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