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Revenue from Operations: Cash Sales ₹ 5,00,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 1,00,000. - Accountancy

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प्रश्न

Revenue from Operations: Cash Sales ₹ 5,00,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 1,00,000. Current Assets ₹ 3,00,000; Current Liabilities ₹ 1,00,000. Calculate Working Capital Turnover Ratio.

योग

उत्तर

Net Sales = Cash Sales + Credit Sales − Sales Returns

= 5,00,000 + 6,00,000 − 1,00,000 = 10,00,000

Working CApital = Current Assets - Current Liabilities

= 300000 - 100000 = 200000

Working Capital Turnover Ratio = `"Net Sales"/"Working Capital"`

`= 1000000/200000` = 5 times

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अध्याय 3: Accounting Ratios - Exercises [पृष्ठ १०४]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 3 Accounting Ratios
Exercises | Q 97 | पृष्ठ १०४

संबंधित प्रश्न

Calculate debt equity ratio from the following information:

 

 

Rs

Total Assets

15,00,000

Current Liabilities

6,00,000

Total Debts

12,00,000

 

 


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


Working Capital is ₹ 9,00,000; Trade payables ₹ 90,000; and Other Current Liabilities are ₹ 2,10,000. Circulate Current Ratio.


Working Capital  ₹  3,60,000; Total :Debts  ₹ 7,80,000; Long-term Debts ₹ 6,00,000; Inventories  ₹ 1,80,000. Calcltate Liquid Ratio.


From the following calculate: (i) Current Ratio; and (ii) Quick Ratio:

 
Total Debt 6,00,000 Long-term Borrowings 2,00,000
Total Assets 8,00,000 Long-term Provisions 2,00,000
Fixed Assests (Tangible) 3,00,000 Inventories 95,000
Non-current Investment 50,000 Prepaid Expenses 5,000
Long-term Loans and Advances 50,000    

From the following infromation, calculate Proprietary Ratio:

 

Equity Share Capital 3,00,000
Preference Share Capital 1,50,000
Reserves and Surplus 75,000
Debentures 1,80,000

Trade Payables

45,000

 

7,50,000

Fixed Assets

3,75,000
Short-term Inverstments 2,25,000

Other Current Assets

1,50,000

 

7,50,000


Calculate Inventory Turnover Ratio in each of the following alternative cases:
Case 1: Cash Sales 25% of Credit Sales; Credit Sales ₹3,00,000; Gross Profit 20% on Revenue from Operations, i.e., Net Sales; Closing Inventory ₹1,60,000; Opening Inventory ₹40,000.
Case 2: Cash Sales 20% of Total Sales; Credit Sales ₹4,50,000; Gross Profit 25% on Cost; Opening Inventory ₹37,500; Closing Inventory ₹1,12,500.


Calculate Gross Profit Ratio from the following data:
Cash Sales are 20% of Total Sales; Credit Sales are ₹5,00,000; Purchases are ₹4,00,000; Excess of Closing Inventory over Opening Inventory ₹25,000.


From the following information, calculate Gross Profit Ratio:

     
Credit Sales 5,00,000   Decrease in Inventory 10,000
Purchases 3,00,000   Returns Outward 10,000
Carriage Inwards 10,000   Wages 50,000
      Rate of Credit Sale to Cash Sale 4:1

Revenue from Operations ₹ 9,00,000; Gross Profit 25% on Cost; Operating Expenses ₹ 45,000. Calculate Operating Profit Ratio.


Revenue from Operations, i.e., Net Sales ₹ 8,20,000; Return ₹ 10,000; Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,20,000; Operating Expenses ₹ 2,09,000; Interest on Debentures ₹ 40,500; Gain (Profit) on Sale of a Fixed Asset ₹ 81,000. Calculate Net Profit Ratio. 


Calculate the amount of opening trade receivables and closing trade receivables from the following information:
Trade receivables turnover ratio 8 times
Cost of revenue from operations ₹ 4,80,000
The amount of credit revenue from operations is ₹ 2,00,000 more than cash revenue from operations. Gross profit ratio is 20%. Opening trade receivables are 1/4th of Closing trade receivables.


Answer the following question:
The current ratio of a company is 2: 1. State giving reason whether the purchase of goods on credit will increase, decrease, or not change the ratio.


Collection of debtors:


Which items are included in current assets to get the current ratio?


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 working capital turnover ratio?


The ______ is useful in evaluating credit and collection policies.


Which of the following is a profitability ratio?


Debt to Capital Employed ratio is 0.3:1. State whether the following transaction, will improve, decline or will have no change on the Debt to Capital Employed Ratio. Also give a reason for the same.

Tax Refund of ₹ 50,000 during the year.


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