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gross profit ratio ,current ratio ,acid test ratio ,stock turnover ratio ,fixed assets turnover ratio Q2. The following is the summarized transactions and Profit and
gross profit ratio ,current ratio ,acid test ratio ,stock turnover ratio ,fixed assets turnover ratio
Q2. The following is the summarized transactions and Profit and Loss Account for the year ending March 31,2007 and the Balance Sheet as on that date. Calculate (i) Gross Profit Ratio (ii) Current Ratio (iii) Acid Test Ratio (iv) Stock Turnover Ratio (v) Fixed Assets Turnover Ratio. [10 Marks]Step by Step Solution
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