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3. From the following details, you are required to find out: 10 (a). Stock: (C). Debtors; (h). Creditors; (8) Fixed Assets. (1) Stock Velocity =
3. From the following details, you are required to find out: 10 (a). Stock: (C). Debtors; (h). Creditors; (8) Fixed Assets. (1) Stock Velocity = 6 (2) Capital Turnover Ratio = 2 (13) Fixed Turnover Ratio (4) Gross Profit Turnover Ratio = 20% (5) Debtor's Velocity = 2 months (6) Creditor's Velocity = 73 days The Gross Profit was tk. 60,000. Reserve and surplus amount to tk. 20,000. Closing stock was tk. 5,000 in excess on opening stock
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