On the basis of the following information, calculate any two ratios Operating Ratio Inventory (Stock) Turnover Ratio
On the basis of the following information, calculate any two ratios:
(a) Operating Ratio;
(b) Inventory (Stock) Turnover Ratio;
(c) Proprietary Ratio.
Information:
| ₹ | ₹ | ||
| Cash Sales | ₹ 10,00,000 | Closing Inventory ₹ 20,000 more than Opening Inventory | |
| Credit Sales | 120% of Cash Sales | Current Assets | 3,00,000 |
| Operating Expenses | 10% of Total Sales | Current Liabilities | 2,00,000 |
| Rate of Gross Profit | 40% | Share Capital | 6,00,000 |
| Opening Inventory | 1,50,000 | Fixed Assets | 5,00,000 |
Anurag Pathak Changed status to publish March 13, 2024
