Advertisements
Advertisements
प्रश्न
Choose the appropriate alternative from the given options:
Which of the following is not an activity ratio?
विकल्प
Inventory turnover ratio
Interest coverage ratio
Working capital turnover ratio
Trade receivables turnover ratio
उत्तर
Interest coverage ratio.
Explanation:
Interest Coverage ratio is a solvency Ratio and not an Activity Ratio. Hence, the correct answer is Interest Coverage ratio.
APPEARS IN
संबंधित प्रश्न
What is meant by 'Activity Ratios'?
From the following information calculate inventory turnover ratio; Revenue from operations Rs.16,00,000; Average Inventory Rs.2,20,000; Gross Loss Ratio 5%.
From the following information obtained from the books of Kundan Ltd., calculate the inventory turnover ratio for the years 2015-16 and 2016-17 :
2015-16 (Rs) | 2016-17(Rs) | |
Inventory on 31st March | 7,00,000 | 17,00,000 |
Revenue from operations | 50,00,000 | 75,00,000 |
(Gross profit is 25% on the cost of revenue from operations)
In the year 2015-16, inventory increased by Rs 2,00,000.
The quick ratio of a company is 1.5: 1. A state with reason which of the following transactions would
i. increase:
ii. decrease or
iii. not change the ratio
a. Paid rent Rs 3,000 in advance.
b. Trade receivables included a debtor Shri Ashok who paid his entire amount due Rs 9,700.
The Quick Ratio of a company is 0.8:1. State whether the Quick Ratio will improve, decline or will not change in the
following cases:
(i) Cash collected from Debtors Rs. 50,000.
(ii) Creditors of Rs. 20,000 paid off.
Inventory in the beginning | ₹ 30,000 |
Inventory at the end | ₹ 50,000 |
Net Purchases | ₹ 5,00,000 |
Wages | ₹ 25,000 |
Salaries | ₹ 40,000 |
Revenue from operations | ₹ 8,00,000 |
Carriage Inwards | ₹ 5,000 |
Returns Outwards | ₹ 30,000 |
Calculate Inventory Turnover Ratio
Calculate Revenue from operations of BN Ltd. From the following information:
Current assets | ₹ 8,00,000. |
Quick ratio is | 1.5: 1 |
Current ratio is | 2: 1 |
Inventory turnover ratio is | 6 times. |
Goods were sold at a profit of 25% on cost.
What will be the amount of gross profit of a firm if its average inventory is ₹80,000, Inventory turnover ratio is 6 times, and the Selling price is 25% above cost?
Interest on Loans given by a financial company is shown in the Statement of Profit and Loss as ______.
Cost of goods sold =____.
The 'Inventory Turnover Ratio' from the following information will be:
(₹) | |
Revenue from Operations | 12,00,000 |
Average Inventory | 2,00,000 |
Gross loss ratio | 20% |
If revenue from operations is ₹ 9,00,000; gross profit is 25% on cost and operating expenses are ₹ 90,000 the operating ratio will be:
From the following information, calculate the value of opening and closing inventory:
Inventory Turnover Ratio - 4 times.
Gross Profit = 20% on Revenue from Operations.
Revenue from Operations = ₹ 10,00,000.
Opening inventory is 25% of the inventory at the end.
The spreadsheet below shows the sales of Jupiter Ltd. made by four salesmen in the four quarters of the financial year 2022-23:
A | B | C | D | E | F | G | |
1 | Sales in ₹ | ||||||
2 | Salesman No. | Qtr 1 | Qtr 2 | Qtr 3 | Qtr 4 | Total Sales | Commission @ 10% of sales (₹) |
3 | S1 | 6,000 | 7,000 | ?? | 9,000 | ||
4 | S2 | 8,000 | 9,000 | 8,200 | 8,500 | 33,700 | |
5 | S3 | 9,600 | 8,400 | 9,200 | 9,500 | 36,700 | ?? |
6 | S4 | ?? | 7,600 | 8,000 | 12,000 | ||
7 | Total |
Based on the above transactions and the information given in the spreadsheet, answer the following question:
- Write the formula to calculate the cost of the goods sold by Salesman No. S2 in Qtr 2, if he had sold the goods at a profit of 10% of the sales.
- Write the formula to calculate the sales made by Salesman No. S2 in Qtr 3 in cell D3, if he had sold the goods at a profit of 10% of the cost.
- In Qtr 1, Salesman No. S4 sold goods costing ₹ 8,800 at a loss of 10% of the sales. What is the selling price of the goods in cell B6.
- The company gives a commission of 10% on its total sales. Write the formula to calculate the commission earned by Salesman No. S3 in cell G5.