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From the following information, Calculate: (i) Gross Profit Ratio; (ii) Working Capital Turnover Ratio; and (iii) Proprietary Ratio.
Particulars Particulars
Paid-up Capital Credit Sales 9% Debentures Cost of Goods Sold 8,00,000 3,00,000 3,40,000 6,80,000 Current Assets Current Liabilities Cash Sales: 75% of Credit Sales Net Profit for the year 5,00,000 2,90,000 1,55,000
[Ans.: (i) Gross Profit Ratio = – 29.52%; (ii) Working Capital Turnover Ratio = 2.5 Times; (iii) Proprietary Ratio = 60.25%.]
Anurag Pathak Changed status to publish August 15, 2023