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प्रश्न
From the following figures obtained from Arjun Ltd, calculate the trade payable turnover ratio and credit payment period (in days).
| Particulars | Rs. |
| Credit purchases during 2018 -2019 | 9,50,000 |
| Trade creditors as on 01.04.2018 | 60,000 |
| Trade creditors as on 3 1.03.2019 | 50,000 |
| Bills payable as on 0L04.2018 | 45,000 |
| BillS payable as on 3 1.03.2019 | 35000 |
उत्तर
Trade payable turnover ratio = `"Net Credit purchases"/"Average Trade Payables"`
Average Trade Payables = `("Opening trade payable + Closing trade payable")/2`
Average Trade Payables = `(60,000 + 50,000 + 45,000 + 35,000)/2`
`= 190000/2` = Rs. 95,000
Trade payable turnover ratio = `950000/95000` = 10 Times
Credit payment period (in days) = `"No. of days in a year"/"Trade payable turnover ratio"`
Credit payment period = `365/10` = 36.5 days
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संबंधित प्रश्न
Calculate the current ratio from the following information.
| Particulars | ₹ | Particulars | ₹ |
| Current investments | 40,000 | Fixed assets | 5,00,000 |
| Inventories | 2,00,000 | Trade creditors | 80,000 |
| Trade debtors | 1,20,000 | Bills Payable | 50,000 |
| Bills receivable | 80,000 | Expenses payable | 20,000 |
| Cash and cash equivalents | 10,000 | Non-Current liability | 3,00,000 |
Current ratio indicates ______.
Match List I with List II and select the correct answer using the codes given below:
| List I | List II |
| (i) Current ratio | 1. Liquidity |
| (ii) Net profit ratio | 2. Efficiency |
| (iii) Debt-equity ratio | 3. Long term solvency |
| (iv) Inventory turnover ratio | 4. Profitability |
To test the liquidity of a concern, which of the following ratios are useful?
- Quick ratio
- Net profit ratio
- Debt-equity ratio
- Current ratio
Select the correct answer using the codes given below:
Proportion of share holders' funds to total assets is called ______.
What does the return on investment ratio indicate?
From the following Balance Sheet of James Ltd. as on 31.03.2019 calculate:
- Debt-equity ratio
- Proprietary ratio
- Capital gearing ratio
| Balance Sheet (of James Ltd.) as on 31.03.2018 |
|
| Particulars | Amount ₹ |
| I EQUITY AND LIABILITIES | |
| 1. Shareholders Funds | |
| (a) Share capital | |
| Equity share capital | 2,50,000 |
| 6% Preference share capital | 2,00,000 |
| (b) Reserves and surplus | 1,50,000 |
| 2. Non-current Liabilities | |
| Long –term borrowings (8% Debentures) | 3,00,000 |
| 3. Current Liabilities | |
| Short -term borrowings from banks | 2,00,000 |
| Trade Payables | 1,00,000 |
| Total | 12,00,000 |
| II ASSETS | |
| 1. Non-current assets | |
| Fixed assets | 8,00,000 |
| 2. Current assets | |
| (a) Inventories | 1,20,000 |
| (b) Trade receivables | 2,65,000 |
| (c) Cash and cash equivalents | 10,000 |
| (d) Other current assets | |
| Expenses paid in advance | 5,000 |
| Total | 12,00,000 |
Calculate operating profit ratio under the following cases.
Case 1: Revenue from operations ₹ 8,00,000, Operating profit ₹ 2,00,000.
Case 2: Revenue from operations ₹ 20,00,000, Operating cost ₹ 14,00,000.
Case 3: Revenue from operations ₹ 10,00,000, Gross profit 25% on revenue from operations, Operating expenses ₹ 1,00,000.
From the following details of a business concern calculate net profit ratio.
| Particulars | Amount Rs. |
| Revenue from operations | 9,60,000 |
| Cost of revenue from operations | 5,50,000 |
| Office and administration expenses | 1,45,000 |
| Selling and distribution expenses | 25,000 |
From the following statement of profit. and loss of Dericston Ltd. Calculate
- Gross Profit ratio
- Net Profit ratio.
| Statement of Profit and Loss | |
| Particulars | ₹ |
| I. Revenue from operations | 24,00,000 |
| II. Other income: | |
| Income from investment | 70,000 |
| III. Total revenues (I+II) | 24,70,000 |
| IV. Expenses: | |
| Purchases of stock-in-trade | 18,80,000 |
| Changes in inventories | -80,000 |
| Employee benefits expense | 2,90,000 |
| Other expenses | 1,10,000 |
| Provision for tax | 30,000 |
| Total expenses | 22,30,000 |
| V. Profit for year | 2,40,000 |
