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Question -

 Calculate the following ratio on the basis of following information:
(i) Gross Profit Ratio (ii) Current Ratio (iii) Acid Test Ratio (iv) Inventory Turnover Ratio (v) Fixed Assets Turnover Ratio

 

₹.

Gross Profit

50,000

Revenue from Operations

1,00,000

Inventory

15,000

Trade Receivables

27,500

Cash and Cash Equivalents

17,500

Current Liabilities

40,000

Land & Building

50,000

Plant & Machinery

30,000

Furniture

20,000



Answer -





Average Inventory = 15,000*



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