Calculate opening and closing Trade Payables from the following information: Total purchases ₹15,00,000; Cash purchases are 25% of credit purchases; Trade payables turnover ratio is 4 times; Closing trade payables are two times of opening trade payables. Marks-4, CBSE: 2024-25/Zone-1/Set-1/Q-33(a) Answer : The solution is available on our Mobile App Next Back
From the following information, calculate ‘Return on Investment’: (₹) Shareholders Funds 16,00,000 10% Debentures 8,00,000 Current Liabilities 2,00,000 Current Assets 5,00,000 Non-Current Assets 21,00,000 Net profit after tax was ₹3,00,000 and the tax amounted to ₹1,00,000. Marks-4, CBSE: 2024-25/Zone-1/Set-1/Q-33(b) Answer : The solution is available on our Mobile App Next Back
Profit after tax amounted to ₹6,00,000, and tax rate was 20%. If earnings before interest and tax was ₹10,00,000 and Nominal Value of Debentures amounted to ₹25,00,000 (assuming the only debt of the company), determine the rate of interest on debentures Mark-4, CBSE: 2024-25/Sample/Q-33* Answer : The solution is available on our Mobile App Next … Read more
Calculate Gross Profit Ratio from the following information Revenue from Operations ₹10,00,000; Purchases ₹3,60,000; Carriage Inwards ₹50,000; Employee benefit Expenses ₹1,00,000 (including Wages of ₹60,000); Opening Inventory ₹60,000 and Average Inventory ₹80,000. Mark-4, CBSE: 2024-25/Sample/Q-33* Answer : The solution is available on our Mobile App Next Back
X Ltd. has a Current ratio of 3·5 : 1 and Quick ratio of 2 : 1. If excess of Current Assets over Quick Assets is represented by inventories of ₹ 16,000 and prepaid expenses of ₹ 8,000, calculate: (a) Current Liabilities (b) Current Assets (c) Quick Assets Marks-3, CBSE: 2023-24/Compartment/Set-1/Q-32 Answer : The solution … Read more
From the following information of Ajanta Ltd., calculate ‘Inventory Turnover Ratio’: Particulars Rs. Opening inventory 19,000 Closing inventory 21,000 Purchases 80,000 Wages 9,000 Carriage Outwards 2,000 Return Outwards 1,000 Revenue from operations 80,000 Carriage inwards 4,000 Rent paid 5,000 Marks-3, CBSE: 2023-24/Zone-5/Set-1/Q-32 Answer : The solution is available on our Mobile App Next … Read more
A business has a current ratio of 3:1 and quick ratio of 1.2 1. If working capital is Rs. 1,80,000, calculate total current assets and inventory. Marks-3, CBSE: 2023-24/Zone-4/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back
From the following information, calculate ‘Return on Investment’: Particulars Rs. Total Assets 10% DebenturesCurrent LiabilitiesNet Profit After Tax Tax 22,00,0005,00,0002,00,0007,20,0001,80,000 Marks-3, CBSE: 2023-24/Zone-3/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back
Calculate ‘Quick Ratio’ and ‘Debt -Equity Ratio’ from the following information: Rs. Total Debt – 8,00,000 Inventory – 2,20,000 Long Term Debts – 6,00,000 Working Capital – 2,40,000 Shareholders’ Funds – 12,00,000 Marks-3, CBSE: 2023-24/Zone-2/Set-1/Q-32 Answer : The solution is available on our Mobile App Next … Read more
From the given information, calculate: (a) Quick Ratio (b) Inventory Turnover Ratio Particulars Amount (Rs.) Current AssetsInventoryCurrent Liabilities Net Profit Before TaxRevenue from OperationsGross Profit Ratio 20% 4,00,0001,00,0002,00,0007,20,00010,00,000 Marks-3, CBSE: 2023-24/Zone-1/Set-1/Q-32 Answer : The solution is available on our Mobile App Next Back