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Credit Revenue from Operations, I.E., Net Credit Sales - Accountancy

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प्रश्न

Credit Revenue from Operations, i.e., Net Credit Sales for the year 1,20,000
Debtors 12,000
Billls Receivable 8,000

Calculate Trade Receivables Turnover Ratio.

योग

उत्तर

Trade Receiveble Turnover Ratio

= `"Net Sales"/"Debtors + Bills Receivable"

= 120000/(12000 + 8000)` = 6 times

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Types of Ratios
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Accounting Ratios - Exercises [पृष्ठ १०१]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 3 Accounting Ratios
Exercises | Q 79 | पृष्ठ १०१

संबंधित प्रश्न

From the following information, calculate the following ratios:
i) Quick Ratio
ii) Inventory Turnover Ratio
iii) Return on Investment

  Rs.
Inventory in the beginning 50,000
Inventory at the end 60,000
Revenue from operations 4,00,000
Gross Profit 1,94,000
Cash and Cash Equivalents 40,000
Trade Receivables 1,00,000
Trade Payables 1,90,000
Other Current Liabilities 70,000
Share Capital 2,00,000
Reserves and Surplus 1,40,000

(Balance in the Statement of Profit & Loss A/c)


A company had Current Assets of ₹4,50,000 and Current Liabilities of ₹2,00,000. Afterwards it purchased goods for ₹30,000 on credit. Calculate Current Ratio after the purchase.


Ratio of Current Assets (₹3,00,000) to Current Liabilities (₹2,00,000) is 1.5:1. The accountant of the firm is interested in maintaing a Current Ratio of 2:1 by paying off a part of the Current Liabilities. Compute amount of the Current Liabilities that should be paid so that the Current Ratio at the level of 2:1 may be maintained.


Ratio of Current Assets (₹8,75,000) to Current Liabilities (₹3,50,000) is 2.5:1 The firm wants to maintain Current Ratio of 2:1 by purchasing goods on credit. Compute amount of goods that should be purchased on credit.


Total Assets ₹22,00,000; Fixed Assets ₹10,00,000; Capital Employed ₹20,00,000. There were no Long-term Investments.
Calculate Current Ratio.


From the following information, calculate Debt to Equity Ratio: 

 
10,000 Equity Shares of ₹ 10 each fully paid 1,00,000
5,000; 9% Preference Shares of ₹ 10 each fully paid 50,000
General Reserve  45,000
Surplus, i.e., Balance in Statement of Profit and Loss 20,000
10% Debentures 75,000
Current Liabilities  50,000

Calculate Inventory Turnover Ratio from the following:

 
Opening Inventory 29,000
Closing Inventory 31,000
Revenue from Operations, i.e., Sales 3,20,000
Gross Profit Ratio 25%

Cash Revenue from Operations (Cash Sales) ₹ 2,00,000, Cost of Revenue from Operations or Cost of Goods Solds ₹ 3,50,000; Gross Profit ₹ 1,50,000; Trade Receivables Turnover Ratio 3 Times. Calculate Opening and Closing Trade Receivables in each of the following alternative cases:
Case 1: If Closing Trade Receivables were ₹ 1,00,000 in excess of Opening Trade Receivalbes.
Case 2: If trade Receivables at the end were 3 times than in the beginning.
Case 3: If trade Receivables at the end were 3 times more than that of in the beginning.


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

Gross Profit at 25% on cost; Gross profit ₹ 5,00,000; Equity Share Capital ₹ 10,00,000; Reserves and Surplus  2,00,000; Long-term Loan  3,00,000; Fixed Assets (Net) ₹ 10,00,000. Calculate Working  Capital Turnover Ratio


Operating Cost ₹ 3,40,000; Gross Profit Ratio 20%; Operating Expenses ₹ 20,000. Calculate Operating Profit Ratio.


From the following, calculate (a) Debt to Equity Ratio; (b) Total Assets to Debt Ratio; and (c) Proprietary Ratio:
 

Equity Share Capital ₹ 75,000   Debentures  ₹ 75,000
Preference Share Capital ₹ 25,000   Trade Payable ₹ 40,000
General Reserve ₹ 45,000   Outstanding Expenses ₹ 10,000
Balance in Statement of Profit and Loss ₹ 30,000    

Accounting ratios are classified as under:


Items excluded in liquid assets are:


Proprietary 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 Operating ratio?


The primary concern of creditors when assessing the strength of a firm is the firm's ______


Read the following information and answer the given question:

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%

Cost of Revenue from Operations for the year 2020 would be ______.


Which one of the following is correct?

  1. Quick Ratio can be more than Current Ratio.
  2. High Inventory Turnover ratio is good for the organisation, except when goods are bought in small lots or sold quickly at low margins to realise cash.
  3. Sum of Operating Ratio and Operating Profit ratio is always 100%.

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