हिंदी

Calculate Inventory Turnover Ratio from the Data Given Below: - Accountancy

Advertisements
Advertisements

प्रश्न

Calculate Inventory Turnover Ratio from the data given below:

 

 

Rs

Inventory in the beginning of the year

10,000

Inventory at the end of the year

5,000

Carriage

2,500

Revenue from Operations

50,000

Purchases

25,000

संख्यात्मक

उत्तर

`"Inventory turnover ratio" = "Cost of Revenue from operations"/"Average Inventor"`

`"Cost of revenue from operations" = "Inventory in the begining + Purchases + Carriage - Inventory at the end"`

                    =`10,000 + 25,000 + 2,500 - 5,000`

                    =`32,500`

`"Average Inventory" = "Inventory in the begining + Inventory at the end"/2`

                                 = `(10,000 + 5,000)/2`

                                  = `7,500`

`"Inventory Turnover Ratio" = "32,500"/"7,500" = 4.33 "times"`

shaalaa.com
Types of Ratios
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Accounting Ratios - Questions for Practice [पृष्ठ २३१]

APPEARS IN

एनसीईआरटी Accountancy - Company Accounts and Analysis of Financial Statements [English] Class 12
अध्याय 5 Accounting Ratios
Questions for Practice | Q 14 | पृष्ठ २३१

संबंधित प्रश्न

What relationship will be established to study:

Working Capital Turnover


From the following information calculate:

(i) Gross Profit Ratio (ii) Inventory Turnover Ratio (iii) Current Ratio (iv) Liquid Ratio (v) Net Profit Ratio (vi) Working capital Ratio:

 

 

Rs

Revenue from Operations

25,20,000

Net Profit

3,60,000

Cast of Revenue from Operations

19,20,000

Long-term Debts

9,00,000

Trade Payables

2,00,000

Average Inventory

8,00,000

Current Assets

7,60,000

Fixed Assets

14,40,000

Current Liabilities

6,00,000

Net Profit before Interest and Tax

8,00,000

 


X Ltd. has Current Ratio of 4.5 : 1 and a Quick Ratio of 3 : 1. If its inventory is  ₹  36,000, find out its total Current Assets and total Current Liabilities.


Calculate Debt to Equity Ratio: Equity Share Capital ₹ 5,00,000; General Reserve ₹ 90,000; Accumulated Profits ₹ 50,000; 10% Debentures ₹ 1,30,000; Current Liabilities ₹ 1,00,000.


Total Assets ₹12,50,000; Total Debts ₹10,00,000; Current Liabilities ₹5,00,000.
Calculate Debt to Equity Ratio.


On the basis of the following information, calculate Total Assets to Debt Ratio:

Particulars

Particulars

Capital Employed

50,00,000

Share Capital

35,00,000

Current Liabilities

20,00,000

10% Debentures

10,00,000
Land and Building 60,00,000 General Reserve 3,00,000
Trade Receivable 4,00,000 Surplus, i.e., Balance in Statement of Profit and Loss 2,00,000
Cash and Cash Equivalents 5,00,000    

Investment (Trade)

1,00,000

 

 

If Profit before Interest and Tax is ₹5,00,000 and interest on Long-term Funds is ₹1,00,000, find Interest Coverage Ratio.


Calculate Inventory Turnover Ratio from the following information:

Opening Inventory ₹ 40,000; Purchases ₹ 3,20,000; and Closing Inventory ₹ 1,20,000.
State, giving reason, which of the following transactions would (i) increase, (ii) decrease, (iii) neither increase nor decrease the Inventory Turnover Ratio:
(a) Sale of goods for ₹ 40,000 (Cost ₹ 32,000).
(b) increase in the value of Closing Inventory by ₹ 40,000.
(c) Goods purchased for ₹ 80,000.
(d) Purchases Return ₹ 20,000.
(e) goods costing ₹ 10,000 withdrawn for personal use.
(f) Goods costing ₹ 20,000 distributed as free samples.


Closing Trade Receivables ₹ 1,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 40,000; Revenue from Operations, i.e., Net Sales ₹ 6,00,000. Calculate Trade Receivables Turnover Ratio. 


From the following information, calculate Working Capital Turnover Ratio:

 
Cost of Revenue from Operations (Cost of Goods Sold) 10,00,000
Current Assets 5,00,000
Current Liabilities 3,00,000

Calculate Working Capital Turnover Ratio from the following information: 
Revenue from Operations ₹ 30,00,000; Current Assets ₹ 12,50,000; Total Assets ₹ 20,00,000; Non-current Liabilities ₹ 10,00,000, Shareholders' Funds ₹ 5,00,000.


Compute Gross Profit Ratio from the following information:
Revenue from Operations, i.e., Net Sales = ₹4,00,000; Gross Profit 25% on Cost.


Which are the ratios that comes under traditional basis of classification?


Investment (Net Assets) Turnover Ratio can be calculated as ______?


Consider the following data and answer the question that follows:

Particulars
Revenue From Operations 12,00,000
Cost of Revenue from Operations 9,00,000
Operating Expenses 15,000
Inventory 20,000
Other Current Assets 2,00,000
Current Liabilities 75,000
aid up Share Capital 4,00,000
Statement of Profit and Loss (Dr.) 47,500
Total Debt 2,50,000

What is the quick ratio?


Gain on sale of fixed assets by a financial company is shown in the Statement of Profit and Loss as:


Revenue from the sale of goods manufactured is shown in the Statement of Profit and Loss as ______


Payment of Income Tax is considered as:


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×