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Question 96 Chapter 4 of +2-B – USHA Publication 12 Class

Posted by By Shubham Sharma 2 Min Read July 13, 2024
Question 96 Chapter 4 of +2-B
Q-96- CH-4 Book 2 - Usha Pub. +2 Book 2020 - Solution

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Question 96 Chapter 4 of +2-B

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Miscellaneous (Analytical Questions)

96. (Operating Ratio/Quick Ratio/WC T/O Ratio) Calculate (a) Operating Ratio (b) Quick Ratio (c) Working Capital Turnover Ratio from the following information

 ₹ ₹
Equity share capital1,00,000Purchases 1,20,000
8% Preference share capital 80,000Wages 8,000
9% Debentures 60,000Closing stock18,000
General Reserve 10,000Selling and distribution Expenses2,000
Sales (Revenue from Operation) 2,00,000Other current Assets50,000
Opening Inventory 12,000Current liabilities30,000

 

 

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

 

(a) Operating Ratio=Operating CostX100
Net Sales
 =   
 =₹ 1,24,000X100
 ₹ 2,00,000
 =62%  

 

(b) Quick Ratio=Quick Assets
Current Liabilities
 = 
 =₹ 50,000
 ₹ 30,000
 =1.67: 1
(c) Working Capital Turnover Ratio=Sales
Working Capital
   
 =₹ 2,00,000
 ₹ 38,000
 =5.26 times

 

Operating Cost=Cost of goods sold + Operating Expenses
Cost of goods sold=Opening Stock + Purchases + Direct Expenses – Closing Stock
 =₹ 12,000 + ₹ 1,20,000 + ₹ 8,000 – ₹ 18,000
 =₹ 1,22,000
   
Operating Cost=₹ 1,22,000 + ₹ 2,000
 =₹ 1,24,000

End of Solution

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Question 01 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 14 Chapter 4 of +2-B – USHA Publication 12 Class

Question 15 Chapter 4 of +2-B – USHA Publication 12 Class

Question 16 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 21 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 26 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 31 A Chapter 4 of +2-B – USHA Publication 12 Class

Question 32 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 34 Chapter 4 of +2-B – USHA Publication 12 Class

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

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Question 38 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 43 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 49 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 56 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 61 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 67 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 74 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 79 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 92 Chapter 4 of +2-B – USHA Publication 12 Class

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

Question 96 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 97 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 103 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 106 Chapter 4 of +2-B – USHA Publication 12 Class

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Question 115 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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Question 121 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

Chapter No. 12 – Financial Statement Analysis

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

Chapter No. 14 – Accounting Ratios

Chapter No. 15 – Cash Flow Statement

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1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

Accountancy – Part 1 Class 12 – Session 2024-25 – Solution for free

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