Ratio

43. The Operating ratio of a company is 60%. State whether ‘Purchase of goods costing Rs.  20,000’ will increase, decrease or not change the operating ratio. Marks-2/4, CBSE:2018-19/Main/01/Q-21* Answer Next Back

2. A company had Current Assets Rs.  3,00,000 and Current Liabilities Rs.  1,40,000. Afterwards, it purchased goods worth Rs.  20,000 on credit. Calculate the Current Ratio after the purchase of goods. Marks-2/4, CBSE:2018-19/Main/02/Q-21* Answer Next Back

27. Calculate Revenue from operations of BN Ltd. From the following information: Current assets Rs. 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. Marks-2/4, CBSE:2018-19/Main/01/Q-21* Answer Next Back

20. From the following information calculate Interest Coverage Ratio : Net profit after interest and tax Rs.  1,20,000; Rate of income tax 40%; 15% debentures Rs.  1,00,000; 12% Mortgage loan Rs.  1,00,000. Marks-2/4, CBSE:2018-19/Main/02/Q-21* Answer Next Back

15. Calculate ‘Total Assets to Debt ratio’ from the following information: Rs. Equity Share Capital 4,00,000 Long Term Borrowings 1,80,000 Surplus i.e. Balance in statement of Profit and Loss 1,00,000 General Reserve 70,000 Current Liabilities 30,000 Long Term Provisions 1,20,000 Marks-2/4, CBSE:2018-19/Main/01/Q-21* Answer Next Back

12. The Debt Equity ratio of a company is 1 : 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. Marks-2/4, CBSE:2018-19/Main/01/Q-21* Answer Next Back

10. The Quick ratio of a company is 0.8 : 1. State with reason whether the following transactions will increase, decrease or not change the quick ratio: (1) Purchase of loose tools Rs.  2,000. (2) Insurance premium paid in advance Rs.  500. (3) Sale of goods on credit Rs.  3,000. (4) Honoured a bills payable … Read more

6. Current Liabilities Rs. 1,50,000, Current Assets Rs. 2,80,000, Inventories Rs. 40,000, Advance Tax Rs. 30,000, and Prepaid Rent Rs. 10,000. Calculate Quick Ratio. Marks-3, CBSE:2019-20/Main/02/Q-30(i)* Answer Next Back

37. From the following information, determine the opening inventory and the closing inventory: Inventory Turnover Ratio = 5 times Revenue from Operations = Rs. 8,00,000 Gross Profit Ratio = 25% Closing inventory was Rs. 20,000 more than the opening inventory.  Marks-3, CBSE:2019-20/Main/03/Q-30* Answer Next Back

16. Calculate the ‘Total Assets to Debt Ratio’ from the following information: Rs. Current Assets 11,00,000 Working Capital 6,50,000 Shareholder’s Fund 7,50,000 Total Debt 19,50,000 Reserves and Surplus 2,50,000 Marks-3, CBSE:2019-20/Main/01/Q-30* Answer Next Back