The Total solution for NCERT class 6-12
Calculatefollowing ratios from the following information:
(i)Current ratio (ii) Acid test ratio (iii) Operating Ratio (iv) Gross ProfitRatio
₹
Current Assets
35,000
Current Liabilities
17,500
Inventory
15,000
Operating Expenses
20,000
Revenue from Operations
60,000
Cost of Goods Sold
30,000
iv)