Calculate following ratios on the basis of the given information: (i) Current Ratio; (ii) Acid Test Ratio; (iii) Operating Ratio; and (iv) Gross Profit Ratio.
Calculate following ratios on the basis of the given information:
(i) Current Ratio;
(ii) Acid Test Ratio;
(iii) Operating Ratio; and
(iv) Gross Profit Ratio.
[Ans.: (i) Current Ratio = 2 : 1, (ii) Acid Test Ratio = 1.14 : 1, (iii) Operating Ratio = 83.33%; (iv) Gross Profit Ratio = 50%.]
| Current Assets | ₹ 3,50,000 |
| Current Liabilities | ₹ 1,75,000 |
| Inventory | ₹ 1,50,000 |
| Revenue from Operations (Sales) | ₹ 6,00,000 |
| Operating Expenses | ₹ 2,00,000 |
| Cost of Revenue from Operations | ₹ 3,00,000 |
Anurag Pathak Changed status to publish August 15, 2023
