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Question 96 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 96 Chapter 4 of +2-B
Question No. 96- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 96 Chapter 4 of +2-B

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Trade Receivables Turnover Ratio

96. From the following information, calculate Working Capital Turnover Ratio

 Rs.
Cost of Revenue from Operations (Cost of Goods Sold)10,00,000
Current Assets5,00,000
Current Liabilities3,00,000

The solution of Question 96 Chapter 4 of +2-B: –

Working Capital=Current Assets – Current Liabilities
 =Rs. 5,00,000 – Rs. 3,00,000
 =Rs. 2,00,000

 

Working Capital Turnover RatioCost of Goods Sold
Working Capital
 Rs. 10,00,000
Rs. 2,00,000
 =5 Times

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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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