Answered step by step
Verified Expert Solution
Link Copied!

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 73,25,000 764,00,000 35,60,000
image text in transcribed
From the following ratios and given information: 1. Fixed Assets: 240,00,000 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

3. Outline the four major approaches to informative speeches

Answered: 1 week ago

Question

4. Employ strategies to make your audience hungry for information

Answered: 1 week ago