1.

Calculate following ratios on the basis of the given information:(i) Current Ratio;(ii) Acid Test Ratio;(iii) Operating Ratio; and (iv) Gross Profit Ratio. ₹ ₹ Current Assets 70,000 Revenue from Operations (Sales) 1,20,000 Current Liabilities 35,000 Operating Expenses 40,000 Inventory 30,000 Cost of Goods Sold or Cost of Revenue from Operations 60,000

Answer» Calculate following ratios on the basis of the given information:

(i) Current Ratio;

(ii) Acid Test Ratio;

(iii) Operating Ratio; and

(iv) Gross Profit Ratio.































₹ ₹
Current Assets 70,000 Revenue from Operations (Sales) 1,20,000
Current Liabilities 35,000 Operating Expenses 40,000
Inventory 30,000 Cost of Goods Sold or Cost of Revenue from Operations 60,000




Discussion

No Comment Found

Related InterviewSolutions