Closing Trade Receivables ₹ 1,00,000; Cash Sales being 25% of Credit Sales; Excess of Closing Trade Receivables over Opening Trade Receivables ₹ 40,000; Revenue from Operations, i.e., Net Sales ₹ 6,00,000. Calculate Trade Receivables Turnover Ratio.Solution:- Anurag PathakAugust 14, 2023
Closing Trade Receivables ₹ 90,000, Revenue from Operations ₹ 7,20,000, Cash Revenue from Operations ₹ 1,80,000. Provision for Doubtful Debts ₹ 8,000. Calculate Trade Receivables Turnover Ratio.Solution:- Anurag PathakAugust 14, 2023
Calculate Trade Receivables Turnover Ratio from the following information:Solution:- Anurag PathakAugust 14, 2023
Credit Revenue from Operation, i.e., Net Credit Sales for the year 12,00,000, Debtors ₹ 1,20,000, Bills Receivable ₹ 80,000. Calculate Trade Receivables Turnover Ratio.Solution:- Anurag PathakAugust 14, 2023
₹ 3,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold). Inventory Turnover Ratio 8 times; Inventory, in the beginning, is 2 times more than the Inventory at the end. Calculate value of Opening and Closing Inventories.Solution:- Anurag PathakAugust 14, 2023
Inventory Turnover Ratio 5 times; Cost of Revenue from Operations (Cost of Goods Sold) ₹ 18,90,000. Calculate Opening Inventory and Closing Inventory if Inventory at the end is 2.5 times more than that in the beginning.Solution:- Anurag PathakAugust 14, 2023
From the following information, determine Opening and Closing Inventories: Inventory Turnover Ratio 5 Times, Total Sales ₹ 2,00,000, Gross Profit Ratio 25%, Closing Inventory is more by ₹ 4,000 than the Opening Inventory.Solution:- Anurag PathakAugust 14, 2023
From the following information, calculate value of opening Inventory: Closing Inventory ₹ 68,000 Total Sales ₹ 4,80,000 (including Cash Sales ₹ 1,20,000)Solution:- Anurag PathakAugust 14, 2023
From the following information, Calculate Inventory Turnover Ratio: Credit Revenue from Operations ₹ 6,00,000; Cash Revenue from Operations ₹ 2,00,000Solution:- Anurag PathakAugust 14, 2023