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प्रश्न
A trading firm’s average inventory is Rs 20,000 (cost). If the inventory turnover ratio is 8 times and the firm sells goods at a profit of 20% on sale, ascertain the profit of the firm.
उत्तर
`"Inventory Turnover ratio" = "Cost of revenue from operations"/"Average Inventory"`
`"or". 8 = "Cost of revenue from operations"/"20,000"`
`"or", "Cost of revenue from operations" = "20,000"xx" 8`
or, Cost of revenue from operations = 1,60,000
Let Sale Price be Rs 100
Then Profit is Rs 20
Hence, the Cost of Revenue from Operations = Rs 100 − Rs 20 = Rs 80
If the Cost of Revenue from Operations is Rs 80, then Revenue from Operations = 100
If the Cost of Revenue from Operations is Rs 1, then Revenue from Operations =`100/8`
If the cost of revenue from operations is 1,60,000 then.
`"Revenue from operations" = 100/80 xx 1,60,000 = 2,00,000`
Profit = Net Revenue from Opeartions - Cost of revenue from operations
= 2,00,000 - 1,60,000
= 40,000
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| ₹ | |
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|
Particulars |
₹ |
Particulars |
₹ | ||
|
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Share Capital |
35,00,000 | ||
|
Current Liabilities |
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10,00,000 | ||
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|
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|
|||
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| ₹ | |
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