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87. Calculate Net Assets Turnover Ratio from the following information : * Share Capital Surplus i.e. Balance in Statement of Profit and Loss 4,00,000 60,000
87. Calculate Net Assets Turnover Ratio from the following information : * Share Capital Surplus i.e. Balance in Statement of Profit and Loss 4,00,000 60,000 Securities Premium Public Deposits- 80,000 1,20,000 Long Term Provisions Short Term Provisions Cost of Revenue from Operations Gross Profit 20% on Cost [Ans. Net Assets Turnover Ratio = 6 Times.] T C 11 40,000 1,00,000 35,00,000
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
