Accounting For Share Capital
					
						Accounting For Share Capital					
					
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								Following information is of Raja Ltd. for 2 years. Calculate Fixed Assets Turnover Ratio:
			
			
	
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								Fixed Assets (at Cost) ₹ 7,00,000, Accumulated Depreciation ₹ 1,00,000, Credit Revenue from Operations ₹ 17,00,000, Cash Revenue from Operations ₹ 1,00,000. Calculate Fixed Assets Turnover Ratio.
			
			
	
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								Capital Employed ₹ 12,00,000; Net Fixed Assets ₹ 8,00,000; Cost of Goods sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate Working Capital Turnover Ratio.
			
			
	
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								Gross Profit at 25% on cost; Gross Profit ₹ 5,00,000; Equity Share Capital ₹ 10,00,000; Reserves and Surplus ₹ 2,00,000; Long-term Loan ₹ 3,00,000; Fixed Assets (Net) ₹ 10,00,000; Calculate working Capital Turnover Ratio.
			
			
	
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								Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations, i.e., Net Sales 33 and 1/3rd percentage; Cost of Revenue from operations or Cost of Goods sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio.
			
			
	
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								Cash Revenue from Operations (Cash Sales) ₹ 2,00,000, Cost of Revenue from Operations or Cost of Goods Sold ₹ 3,50,000; Gross Profit ₹ 1,50,000; Trade Receivables Turnover Ratio 3 Times: Calculate Opening and Closing Trade Receivables in each of the following alternative cases:
			
			
	
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								A firm normally has trade Receivables equal to two months’ Credit Sales. During the coming year it expects Credit Sales of ₹ 7,20,000 spread evenly over the year (12 months). What is the estimated amount of Trade Receivbles at the end of the year?
			
			
	
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