मराठी

If revenue from operations is ₹ 9,00,000; gross profit is 25% on cost and operating expenses are ₹ 90,000 the operating ratio will be: - Accountancy

Advertisements
Advertisements

प्रश्न

If revenue from operations is ₹ 9,00,000; gross profit is 25% on cost and operating expenses are ₹ 90,000 the operating ratio will be:

पर्याय

  • 100%

  • 50%

  • 90% 

  • 10%

MCQ
रिकाम्या जागा भरा

उत्तर

If revenue from operations is ₹ 9,00,000; gross profit is 25% on cost and operating expenses are ₹ 90,000 the operating ratio will be 90%.

Explanation:

Let cost of goods sold be x.

Revenue from Operations = Cost of goods sold + Gross profit 

`9,00,000 = x + (25x)/100`

`x = (9,00,000)/125 xx100`

= ₹ 7,20,000

Operating cost = Cost of good sold + Operating expenses

= ₹ 7,20,000 + ₹ 90,000

=₹ 8,10,000

Operating ratio = ₹`(8,10,000)/(9,00,000) xx10` = 90% 

shaalaa.com
Activity Ratios - Inventory Turnover Ratio
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2022-2023 (March) Outside Delhi Set 2

संबंधित प्रश्‍न

What is meant by 'Activity Ratios'?


From the following information calculate inventory turnover ratio; Revenue from operations Rs.16,00,000; Average Inventory Rs.2,20,000; Gross Loss Ratio 5%.


From the following information obtained from the books of Kundan Ltd., calculate the inventory turnover ratio for the years 2015-16 and 2016-17 :

  2015-16 (Rs) 2016-17(Rs)
Inventory on 31st March 7,00,000 17,00,000
Revenue from operations 50,00,000 75,00,000

(Gross profit is 25% on the cost of revenue from operations)

In the year 2015-16, inventory increased by Rs 2,00,000.


The quick ratio of a company is 1.5: 1. A state with reason which of the following transactions would

i. increase:
ii. decrease or
iii. not change the ratio

a. Paid rent Rs 3,000 in advance.
b. Trade receivables included a debtor Shri Ashok who paid his entire amount due Rs 9,700.


The Quick Ratio of a company is 0.8:1. State whether the Quick Ratio will improve, decline or will not change in the
following cases:
(i) Cash collected from Debtors Rs. 50,000.
(ii) Creditors of Rs. 20,000 paid off.


Choose the appropriate alternative from the given options:

Which of the following is not an activity ratio?


Inventory in the beginning ₹ 30,000
Inventory at the end ₹ 50,000
Net Purchases ₹ 5,00,000
Wages ₹ 25,000
Salaries ₹ 40,000
Revenue from operations ₹ 8,00,000
Carriage Inwards ₹ 5,000
Returns Outwards ₹ 30,000

Calculate Inventory Turnover Ratio


Calculate Revenue from operations of BN Ltd. From the following information:

Current assets ₹ 8,00,000.
Quick ratio is 1.5: 1
Current ratio is 2: 1
Inventory turnover ratio is 6 times.

Goods were sold at a profit of 25% on cost.


What will be the amount of gross profit of a firm if its average inventory is ₹80,000, Inventory turnover ratio is 6 times, and the Selling price is 25% above cost?


Interest on Loans given by a financial company is shown in the Statement of Profit and Loss as ______.


Cost of goods sold =____.


From the following information, calculate the value of opening and closing inventory:

Inventory Turnover Ratio - 4 times.

Gross Profit = 20% on Revenue from Operations.

Revenue from Operations = ₹ 10,00,000.

Opening inventory is 25% of the inventory at the end.


The spreadsheet below shows the sales of Jupiter Ltd. made by four salesmen in the four quarters of the financial year 2022-23:

  A B C D E F G
1 Sales in ₹
2 Salesman No. Qtr 1 Qtr 2 Qtr 3 Qtr 4 Total Sales Commission @ 10% of sales (₹)
3 S1 6,000 7,000 ?? 9,000    
4 S2 8,000 9,000 8,200 8,500 33,700  
5 S3 9,600 8,400 9,200 9,500 36,700 ??
6 S4 ?? 7,600 8,000 12,000    
7 Total            

Based on the above transactions and the information given in the spreadsheet, answer the following question:

  1. Write the formula to calculate the cost of the goods sold by Salesman No. S2 in Qtr 2, if he had sold the goods at a profit of 10% of the sales.
  2. Write the formula to calculate the sales made by Salesman No. S2 in Qtr 3 in cell D3, if he had sold the goods at a profit of 10% of the cost.
  3. In Qtr 1, Salesman No. S4 sold goods costing ₹ 8,800 at a loss of 10% of the sales. What is the selling price of the goods in cell B6.
  4. The company gives a commission of 10% on its total sales. Write the formula to calculate the commission earned by Salesman No. S3 in cell G5.

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×