The following information has been obtained from the books of Gama Ltd.: Particulars Amount (₹) Inventory 2,50,000 Total Current Assets 3,40,000 Shareholders Funds 10,00,000 12% Debentures 20,00,000 Net Profit Before Tax 9,60,000 Cost of Revenue from Operations 6,00,000 Calculate: (i) Debt Equity Ratio (ii) Interest Coverage Ratio Marks-4, CBSE: 2024-25/Zone-7/Set-1/Q-33* Answer : The solution is … Read more
Calculate ‘Operating Ratio’ from the following information ₹ Revenue from operations Cash 5,00,000 Credit 20,00,000 Purchases Cash 2,00,000 Credit 10,00,000 Carriage Inward 20,000 Salaries 1,45,000 Increase in inventory 50,000 Wages 85,000 Marks-4, CBSE: 2024-25/Zone-6/Set-1/Q-33(b) Answer : The solution is available on our Mobile App Next Back
Calculate Current Assets and Quick Assets of Beeta Ltd. from the following information: Quick Ratio = 0.75:1 Current Liabilities = ₹6,00,000 Revenue from Operations are ₹4,00,000 Gross Profit ratio is 20% of revenue from operations Inventory turnover ratio = 4 times Inventory at the end is ₹40,000 more than inventory at the beginning. Marks-4, CBSE: … Read more
The following information has been obtained from the books of Vivek Ltd.: 10% Debentures ₹15,00,000 Current Liabilities ₹2,00,000 Non-Current Assets ₹25,00,000 Current Assets ₹7,00,000 During the year ended 31st March, 2024, net profit after interest and tax amounted to ₹4,10,000. Tax paid was ₹40,000. Calculate Return on Investment. Marks-4, CBSE: 2024-25/Zone-6/Set-1/Q-33(a) Answer : The solution … Read more
From the following information obtained from the books of KVK Ltd., calculate ‘Net Assets Turnover Ratio’ and ‘Debt Equity Ratio’: Information Amount (₹) Preference Share Capital 8,00,000 Equity Share Capital 12,00,000 General Reserve 2,00,000 Balance in the Statement of Profit and Loss 6,00,000 15% Debentures 4,00,000 12% Loan 4,00,000 Revenue from Operations for the year … Read more
Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following information : Trade Receivables Turnover Ratio = 5 times Cost of Revenue from operations = ₹8,00,000 Gross Profit Ratio = 20% Closing Trade Receivables were ₹40,000 more than that in the beginning. Cash sales were 1/4 times of Credit sales. … Read more
From the following information, calculate Interest Coverage Ratio: Particulars Amount (₹) Profit after Tax 6,30,000 Tax Rate 30% 15% Debentures 20,00,000 Equity Share Capital 10,00,000 Marks-3, CBSE: 2024-25/Zone-4/Set-1/Q-33(a) Answer : The solution is available on our Mobile App Next Back
The current ratio of Jack Ltd. is 3·2 : 1 and the quick ratio is 1·5 : 1. The excess of current assets over quick assets was represented by inventories which were ₹68,000.Calculate: Current Assets Quick Assets Current Liabilities Marks-4, CBSE: 2024-25/Zone-5/Set-1/Q-33(a) Answer : The solution is available on our Mobile App Next Back
From the following information, calculate opening and closing inventory Gross Profit Ratio — 25% Revenue from operations — ₹8,00,000 Inventory turnover ratio — 4 times Opening inventory was 2 times of the closing inventory. Marks-4, CBSE: 2024-25/Zone-2/Set-1/Q-33(b) Answer : The solution is available on our Mobile App Next Back
From the following information, calculate Opening Trade Receivables and Closing Trade Receivables: Trade Receivables Turnover Ratio — 4 times Closing Trade Receivables were ₹20,000 more than that in the beginning. Cost of Revenue from operations — ₹6,40,000. Cash Revenue from operations 1/3rd of Credit Revenue from Operations Gross Profit Ratio — 20% Marks-4, CBSE: … Read more