मराठी

From the Following Compute Current Ratio: - Accountancy

Advertisements
Advertisements

प्रश्न

From the following compute Current Ratio:

     
Trade Receivable (Sundry Debtors) 1,80,000   Bills Payable 20,000
Prepaid Expenses 40,000   Sundry Creditors 1,00,000
Cash and Cash Equivalents 50,000   Debentures 4,00,000
Marketable Securities 50,000   Inventories 80,000
Land and Building 5,00,000   Expenses Payable 80,000
बेरीज

उत्तर

Current Assets = Trade Receivables + Pre-paid Expenses + Cash and Cash Equivalents +
Marketable Securities + Inventories
= Rs 1,80,000 + Rs 40,000 + Rs 50,000 + 50,000 + 80,000 = Rs 4,00,000

Current Liabilities = Bills Payable + Sundry Creditors + Expenses Payable
= Rs 20,000 + Rs 1,00,000 + Rs 80,000 = Rs 2,00,000

`"Current Ratio" = "Current Assets"/"Current Liabilities" = 400000/200000` = 2 : 1

shaalaa.com
Types of Ratios
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Accounting Ratios - Exercises [पृष्ठ ९१]

APPEARS IN

टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
पाठ 3 Accounting Ratios
Exercises | Q 1 | पृष्ठ ९१

संबंधित प्रश्‍न

Short Answer Question

What are the various types of ratios?


Short Answer Question

The average age of inventory is viewed as the average length of time inventory is held by the firm for which explain with reasons.


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)


Trade Payables ₹ 50,000, Working Capital ₹ 9,00,000, Current Liabilities ₹ 3,00,000. Calculate Current Ratio.


X Ltd. has a Current Ratio of 3.5 : 1 and Quick Ratio of 2 : 1. If the Inventories is  ₹  24,000; calculate total Current Liabilities and Current Assets.


Current Ratio 4; Liquid Ratio 2.5; Inventory  ₹  6,00,000. Calculate Current Liabilities, Current Assets and Liquid Assets.


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    

When Debt to Equity Ratio is 2, state giving reason, whether this ratio will increase or decrease or will have no change in each of the following cases:
(i) Sale of Land (Book value ₹4,00,000) for ₹5,00,000; (ii) Issue of Equity Shares for the purchase of Plant and Machinery worth ₹10,00,000; (iii) Issue of Preference Shares for redemption of 13% Debentures, worth ₹10,00,000.


Capital Employed ₹8,00,000; Shareholders' Funds ₹2,00,000. Calculate Debt to Equity Ratio.


Revenue from Operations ₹4,00,000; Gross Profit ₹1,00,000; Closing Inventory ₹1,20,000; Excess of Closing Inventory over Opening Inventory ₹40,000. Calculate Inventory Turnover Ratio.


Calculate Trade Receivables Turnover Ratio from the following information:

  31st March,2018 (₹) 31st March,2019 (₹)
Sundry Debtors 28,000  25,000
Bills Receivable 7,000 15,000
Provision for Doubtful Debts 2,800 2,500 

Total Sales ₹ 1,00,000; Sales Return ₹ 1,500; Cash Sales ₹ 23,500. 


Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales `33 1/3`%;  Cost Revenue from Operatins or Cost of Goods Sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio 


From the following, calculate Gross Profit Ratio:
Gross Profit:₹50,000; Revenue from Operations ₹5,00,000; Sales Return: ₹50,000.


State with reason whether the following transactions will increase, decrease or not change the 'Return on Investment' Ratio:
(i) Purchase of machinery worth ₹10,00,000 by issue of equity shares.
(ii) Charging depreciation of ₹25,000 on machinery.
(iii) Redemption of debentures by cheque ₹2,00,000.
(iv) Conversion of 9% Debentures of ₹1,00,000 into equity shares.


Following information is given about a company:

     
Revenue From Operations, i.e., Net Sales Gross Profit 1,50,000   Opening Inventory 29,000
Cost of Revenue From Operations 30,000   Closing Inventory 31,000
(Cost of Goods Sold) 1,20,000   Debtors 16,000

From the above information, calculate following ratios:

(i) Gross Profit Ratio,
(ii) Inventory Turnover Ratio, and 
(iii) Trade Receivables Turnover Ratio. 

Investment (Net Assets) Turnover Ratio can be calculated as ______?


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


Amount from current assets is realised within ______.


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%

Quick Ratio for the year 2018 will be ______. (Choose the correct alternative)


How much amount will be added while computing Net Profit before Tax?

  01.04.2020 31.03.2021
Provision for Tax ₹ 54,000 ₹ 72,900

Tax paid during the year ended 31st March 2021 is ₹ 64,800.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×