Answered step by step
Verified Expert Solution
Question
1 Approved Answer
From the following ratios and given information: 1.Fixed Assets: 40,00,000 2.Closing Stock: 4,00,000 3.Stock Turnover Ratio: 10 4.Gross Profit Ratio: 25% 5.Net Profit Ratio: 20%
From the following ratios and given information: 1.Fixed Assets: 40,00,000 2.Closing Stock: 4,00,000 3.Stock Turnover Ratio: 10 4.Gross Profit Ratio: 25% 5.Net Profit Ratio: 20% 6.Net Profit to Capital: 1/5 7.Capital to Total Liabilities: 1/2 8.Fixed Assets to Capital: 5/4 9.Fixed Assets to Total Current Assets: 5/7
Total Liabilities will be ans. 1,75,000
3,25,000
64,00,000
5,60,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started