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Working Capital ₹ 1,80,000; Total Debts ₹ 3,90,000; Long-term Debts ₹ 3,00,000. Calculate Current Ratio. - Accountancy

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प्रश्न

Working Capital ₹ 1,80,000; Total Debts ₹ 3,90,000; Long-Term Debts ₹ 3,00,000.
Calculate Current Ratio.

बेरीज

उत्तर

Total Debts = 3,90,000

Long-term Debts = 3,00,000

Current Liabilities = Total Debts − Long-term Debts

= 3,90,000 − 3,00,000 = 90,000

Working Capital = Current Assets − Current Liabilities

1,80,000 = Current Assets − 90,000

Current Assets = 2,70,000

`"Current Ratio" = "Current Assets"/ "Current liability" = 270000/90000 = 3 : 1`

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पाठ 3: Accounting Ratios - Exercises [पृष्ठ ९१]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
पाठ 3 Accounting Ratios
Exercises | Q 5 | पृष्ठ ९१

संबंधित प्रश्‍न

From the following, calculate (a) Debt Equity Ratio (b) Total Assets to Debt Ratio (c) Proprietary Ratio.

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Equity Share Capital 75,000
Preference Share Capital 25,000
General Reserve 45,000
Balance in the Statement of Profits and Loss 30,000
Debentures 75,000
Trade Payables 40,000
Outstanding Expenses 10,000

A trading firm’s average inventory is Rs 20,000 (cost). If the inventory turnover ratio is 8 times and the firm sells goods at a profit of 20% on sale, ascertain the profit of the firm.


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

A company had Current Assets of ₹4,50,000 and Current Liabilities of ₹2,00,000. Afterwards it purchased goods for ₹30,000 on credit. Calculate Current Ratio after the purchase.


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Total Assets ₹ 2,60,000; Total Debts ₹ 1,80,000; Current Liabilities ₹ 20,000. Calculate Debt to Equity Ratio. 


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Total Debt ₹12,00,000; Shareholders' Funds ₹2,00,000; Reserves and Surplus ₹50,000; Current Assets ₹5,00,000; Working Capital ₹1,00,000. Calculate Total Assets to Debt Ratio.


Total Debt ₹12,00,000; Current Liabilities ₹4,00,000; Capital Employed ₹`12,00,000. Calculate Total Assets to Debt Ratio.


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Calculate Inventory Turnover Ratio from the following information:

Opening Inventory ₹ 40,000; Purchases ₹ 3,20,000; and Closing Inventory ₹ 1,20,000.
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(d) Purchases Return ₹ 20,000.
(e) goods costing ₹ 10,000 withdrawn for personal use.
(f) Goods costing ₹ 20,000 distributed as free samples.


From the following information, calculate Opening and Closing Trade Receivables, if Trade Receivables Turnover Ratio is 3 Times:

(i) Cash Revenue from Operations is 1/3rd of Credit Revenue from Operations.
(ii) Cost of Revenue from Operations is ₹3,00,000.
(iii) Gross Profit is 25% of the Revenue from Operations.
(iv) Trade Receivables at the end are 3 Times more than that of in the beginning. 


Compute Gross Profit Ratio from the following information:
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Which items are included in current assets to get the current ratio?


Which of the following are included in traditional classification of ratios?

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  2. Statement of Profit and loss Ratios
  3. Balance Sheet Ratios
  4. Profitability Ratios
  5. Composite Ratios
  6. Solvency Ratios

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Read the following information and answer the given question:

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Gross Profit Ratio 12% 15% 18%

Cost of Revenue from Operations for the year 2020 would be ______.


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