1.

Following information is given about a company: ₹ ₹ Revenue From Operations, i.e., Net Sales Gross Profit 1,50,000 Opening Inventory 29,000 Cost of Revenue From Operations 30,000 Closing Inventory 31,000 (Cost of Goods Sold) 1,20,000 Debtors 16,000 From the above information, calculate following ratios:(i) Gross Profit Ratio,(ii) Inventory Turnover Ratio, and (iii) Trade Receivables Turnover Ratio.

Answer» Following information is given about a company:

































₹ ₹
Revenue From Operations, i.e., Net Sales Gross Profit 1,50,000 Opening Inventory 29,000
Cost of Revenue From Operations 30,000 Closing Inventory 31,000
(Cost of Goods Sold) 1,20,000 Debtors 16,000



From the above information, calculate following ratios:
(i) Gross Profit Ratio,


(ii) Inventory Turnover Ratio, and


(iii) Trade Receivables Turnover Ratio.


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