Advertisements
Advertisements
प्रश्न
From the following trading activities of Rovina Ltd. calculate
- Gross profit ratio
- Net profit ratio
- Operating cost ratio
- Operating profit ratio
| Statement of Profit and Loss | |
| Particulars | Rs. |
| I Revenue from operations | 4,00,000 |
| II. Other income: | |
| Income from investment | 4,000 |
| III. Total revenues (I+II) | 4,04,000 |
| IV. Expenses: | |
| Purchases of stock-in-trade | 2,10,000 |
| Changes in inventories | 30,000 |
| Employee benefits expense | 24,000 |
| Other expenses (Administration and selling) | 60,000 |
| Total expenses | 3,24,000 |
| V. Profit for year | 80,000 |
उत्तर
(1) Gross Profit Ratio = `"Gross Profit"/"Revenue from operations" xx 100`
Cost of Revenue from operations = Purchase + Change in inventories
= 2,10,000 + 30,000
= Rs. 2,40,000
Gross profit = Revenue from operations – cost of revenue from operations
= 4,00,000 – 2,40,000
= Rs. 1,60,000
Gross Profit ratio = `160000/400000 xx 100` = 40%
(2) Net Profit ratio = `"Net Profit"/"Revenue from operations" xx 100`
Net Profit ratio = `80000/400000 xx 100` = 20%
(3) Operating cost ratio = `"Operating cost"/"Revenue from operations" xx 100`
Cost of revenue from operations
= Purchase + Change in inventories
= 2,10,000 + 30,000
= Rs. 2,40,000
Operating Expenses = Administration Expenses + Selling Expenses
= Rs. 60,000
Operating cost = 2,40,000 + 60,000 = Rs. 3,00,000
Operating cost ratio = `300000/400000 xx 100` = 75%
(4) Operating profit ratio
= `"Operating profit"/"Revenue from oprations" xx 100`
Operating profit = Gross profit - Operating Expenses
= 1,60,000 - 60,000
= Rs. 1,00,000
Operating profit ratio = `100000/400000 xx 100` = 25%
APPEARS IN
संबंधित प्रश्न
Following is the balance sheet of Lakshmi Ltd. as of 31st March 2019.
| Particulars | ₹ |
| I Equity and Liabilities | |
| 1. Shareholder's Funds | |
| Equity share capital | 4,00,000 |
| 2. Non- Current liabilities | |
| Long term borrowings | 2,00,000 |
| 3. Current Liabilities | |
| (a) Short - term borrowings | 50,000 |
| (b) Trade payable | 3,10,000 |
| (c) Other current liabilities Expenses Payable | 15,000 |
| (d) Short - term provisions | 25,000 |
| Total | 10,00,000 |
| II Assets | |
| 1. Non - Current assets | |
| (a) Fixed assets Tangible assets | 4,00,000 |
| 2. Current assets | |
| (a) Inventories | 1,60,000 |
| (b) Trade debtors | 3,20,000 |
| (c) Cash and cash equivalents | 80,000 |
| (d) Other current assets prepaid expenses | 40,000 |
| Total | 10,00,000 |
Calculate: (i) Current ratio (ii) Quick ratio
From the following information calculate a debt-equity ratio.
Balance Sheet (Extract) as on
31st March, 2019
| Particulars | Amount ₹ |
| I. EQUITY AND LIABILITIES | |
| 1. Shareholders' funds | |
| (a) Share capital | |
| Equity share capital | 6,00,000 |
| (b) Reserves and surplus | 2,00,000 |
| 2. Non-current liabilities | |
| Long-term borrowings (Debentures) | 6,00,000 |
| 3. Current liabilities | |
| (a) Trade payables | 1,60,000 |
| (b) Other current liabilities | |
| Outstanding expenses | 40,000 |
| Total | 16,00,000 |
From the following Balance Sheet of Sundaram Ltd. Calculate proprietary ratio:
| Balance Sheet of Sundaram Ltd. as on 31.03.2019 |
|
| Particulars | Amount ₹ |
| I EQUITY AND LIABILITIES | |
| 1. Shareholders’ Fund | |
| a) Share capital | |
| (i) Equity share capital | 2,50,000 |
| (ii) Preference share capital | 1,50,000 |
| (b) Reserves and surplus | 50,000 |
| 2. Non – Current Liabilities | |
| Long term borrowings | |
| 3. Current liabilities | |
| Trade Payable | 1,50,000 |
| Total | 6,00,000 |
| II ASSETS | |
| 1. Non-Current assets | |
| (a) Fixed Assets | 4,60,000 |
| (b) Non-Current investments | 1 ,00,000 |
| 2. Current assets | |
| Cash and cash equivalents | 40,000 |
| Total | 6,00,000 |
Current assets excluding inventory and prepaid expenses is called ______.
Debt equity ratio is measure of ______.
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:
Which one of the following is not correctly matched?
Current liabilities ₹ 40,000; Current assets ₹ 1,00,000; Inventory ₹ 20,000. Quick ratio is
What is the inventory conversion period? How is it calculated?
Following is the statement of profit and loss of Padma Ltd. for the year ended 31st March, 2018. Calculate the operating cost ratio.
| Statement of Profit and Loss | ||
| Particulars | Note No. | Amount ₹ |
| I. Revenue from operations | 15,00,000 | |
| II. Other Income | 40,000 | |
| III. Total revenue (I+II) | 15,40,000 | |
| IV. Expenses: | ||
| Purchases of Stock-in-trade | 8,60,000 | |
| Changes in inventories | 40,000 | |
| Employee benefits expense (Salaries) | 1,60,000 | |
| Other expenses | 1 | 1,70,000 |
| Total expenses | 12,30,000 | |
| V. Profit before tax (III-IV) | 3,10,000 | |
Notes to Accounts-
| Particulars | Amount ₹ |
| 1. Other expenses | |
| Office and administrative expenses | 50,000 |
| Selling and distribution expenses | 90,000 |
| Loss on sale of furniture | 30,000 |
| 1,70,000 |
