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प्रश्न
Calculate the following ratio on the basis of following information:
(i) Gross Profit Ratio (ii) Current Ratio (iii) Acid Test Ratio (iv) Inventory Turnover Ratio (v) Fixed Assets Turnover Ratio
| Rs. | |
| Gross Profit | 50,000 |
| Revenue from Operations | 100,000 |
| Inventory | 15,000 |
| Trade Receivables | 27,500 |
| Cash and Cash Equivalents | 17,500 |
| Current Liabilities | 40,000 |
| Land & Building | 50,000 |
| Plant & Machinery | 30,000 |
| Furniture | 20,000 |
उत्तर
(i) Gross Profit Ratio = `"Gross Profit"/"Revenue From Operations"` x 100
= `[50,000]/[100,000]` x 100 = 50 %
(ii) Current Ratio = `"Current Assets"/"Current Liabilities"`
Current Assets = Inventory + Trade Receivables + Cash and Cash Equivalents
= 15,000 + 27,500 + 17,500
= 60,000
Current Ratio = `[60,000]/[40,000]` = 1.5 : 1.
(iii) Acid Test Ratio = `"Liquid Assets"/"Current liabilities"`
Liquid Assets = Current Assets - Inventory
= 60,000 - 15,000
= 45,000
Acid Test Ratio = `[45,000]/[40,000] = 1.125 : 1`
(iv) Inventory Turnover Ratio = `"Cost of Revenue from Operations"/"Average Inventory"`
Cost of Revenue from Operations = Revenue from Operations - Gross Profit = 1,00,000 - 50,000
= 50,000
Average Inventory = 15,000*
*Note: Since values for inventory in the beginning and inventory at the end is not given, the amount of inventory is assumed to be average inventory.
Inventory Turnover Ratio = `[50,000]/[15,000]` = 3.33 times
(v) Fixed Assets Turnover Ratio = `"Revenue from Operations"/"Net Fixed Assets"`
Net Fixed Assets = Land & Building + Plant and Machinery + Furniture
= 50,000 + 30,000 + 20,000
= 100,000
Fixed Assets Turnover Ratio = `[100,000]/[100,000]` = 1 : 1
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संबंधित प्रश्न
Compute Stock Turnover Ratio from the following information:
|
|
Rs |
|
Net Revenue from Operations |
2,00,000 |
|
Gross Profit |
50,000 |
|
Inventory at the end |
60,000 |
|
Excess of inventory at the end over inventory in the beginning |
20,000 |
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Current Liabilities of a company are ₹ 6,00,000. Its Current Ratio is 3 : 1 and Liquid Ratio is 1 : 1. Calculate value of Inventory.
Xolo Ltd.'s Liquidity Ratio is 2.5 : 1. Inventory is ₹ 6,00,000. Current Ratio is 4 : 1. Find out the Current Liabilities.
From the following details, calculate Inventory Turnover Ratio:
| ₹ | |
| Cost of Revenue from Operations (Cost of Goods Sold) | 4,50,000 |
| Inventory in the beginning of the year | 1,25,000 |
| Inventory at the close of the year | 1,75,000 |
From the following particulars, determine Trade Receivables Turnover Ratio:
| ₹ | |
| Revenue from Operations (Net Sales) | 10,00,000 |
| Credit Revenue from Operations (Credit Sales) | 8,00,000 |
| Trade Receivables | 1,00,000 |
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(ii) Charging depreciation of ₹25,000 on machinery.
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From the following information, calculate Inventory Turnover Ratio; Operating Ratio and Working Capital Turnover Ratio:
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| Year | 2020 | 2019 | 2018 |
| Amount | (in ₹) | (in ₹) | (in ₹) |
| Outstanding Expenses | 50,000 | 40,000 | 25,000 |
| Prepaid Expenses | 3,00,000 | 2,50,000 | 3,50,000 |
| Trade Payables | 18,00,000 | 16,00,000 | 14,00,000 |
| Inventory | 12,00,000 | 10,00,000 | 11,00,000 |
| Trade Receivables | 11,00,000 | 8,00,000 | 10,00,000 |
| Cash in hand | 17,00,000 | 12,00,000 | 15,00,000 |
| Revenue from operations | 24,00,000 | 18,00,000 | 20,00,000 |
| Gross Profit Ratio | 12% | 15% | 18% |
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