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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
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