Following information is given about a company: Revenue from Operations, i.e., Net Sales ₹ 1,50,000 Gross Profit ₹ 30,000
Following information is given about a company:
From the above information, Calculate Following ratios:
(i) Gross Profit Ratio,
(ii) Inventory Turnover Ratio, and
(iii) Trade Receivables Turnover Ratio
[Ans.: (i) Gross Profit Ratio = 20%; (ii) Inventory Turnover Ratio = 4 Times; (iii) Trade Receivables Turnover Ratio = 9.4 Times.]
| Revenue from Operations, i.e., Net Sales | ₹ 1,50,000 |
| Gross Profit | ₹ 30,000 |
| Cost of Revenue from Operations (Cost of Goods Sold) | ₹ 1,20,000 |
| Opening Inventory | ₹ 29,000 |
| Closing Inventory | ₹ 31,000 |
| Debtors | ₹ 16,000 |
Anurag Pathak Changed status to publish August 15, 2023
