Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

passage given the following information : R Revme from Operations Cash Rs 200000 & Credit Rs 1, 40,000 Purchas 75000 Opening Stacko 50000 Closing Sock

passage

given the following information : R Revme from Operations Cash Rs 200000 & Credit Rs 1, 40,000 Purchas 75000 Opening Stacko 50000 Closing Sock Rs 25000 direct expenses Rs 20000, Seling expenses 80,000, Administrative Expenses 40,000

Q1) Cost of revenue from the operation will be:

OPTIONS

110000

150000

118000

120000

Q2) Gross profit ratio will be:

OPTIONS

64.71%

67.41%

61.47%

67.07%

Q3) Operating ratio will be:

OPTIONS

70.95%

75.90%

70.59%

75.09%

Q4)Revenue from the operation will be:

OPTIONS

200000

140000

340000

220000

Q5)Operating cost will be:

OPTIONS

210000

240000

340000

220000

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

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Accounting questions