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Question for finance Please don't copy others or else I will give negative rating do ASAP thankyou Q-11 Following figures are available in the books
Question for finance Please don't copy others or else I will give negative rating do ASAP thankyou
Q-11 Following figures are available in the books Tirupati Ltd. Fixed assets turnover ratio 8 times Capital turnover ratio 2 times Inventory Turnover 8 times Receivable turnover 4 times Payable turnover 6 times GP Ratio 25% Gross profit during the year amounts to ' 8,00,000. There is no long-term loan or overdraft. Reserve and surplus amount to 2,00,000. Ending inventory of the year is 20,000 above the beginning inventory Required: CALCULATE various assets and liabilities and PREPARE a Balance sheet of Tirupati Ltd. Cost of CapitalStep by Step Solution
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