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The following figure relates to Maxim Ltd. for the year ended 31st March, 2019. Trading and Profit & Loss Account for the year ended 31st

The following figure relates to Maxim Ltd. for the year ended 31st March, 2019.

Trading and Profit & Loss Account for the year ended 31st March, 2019

Maxim Ltd

Particulars

Rs.

Rs.

Particulars

Rs.

Rs.

To Opening Stock

1,50,000

By Sales

10,40,000

To Purchases

6,50,000

Less: Sales return

40,000

To Gross profit c/d

4,00,000

10,00,000

By closing stock

2,00,000

12,00,000

12,00,000

By Gross profit b/d

4,00,000

To Administration

80,000

By income on dividend

18,000

To Selling & Distribution

50,000

By profit on sale of furniture

22,000

To loss on sale of assets

10,000

40,000

1,40,000

To Net Profit c/d

3,00,000

4,40,000

4,40,000

Calculate the following ratios:

  1. Gross profit ratio
  2. Operating ratio
  3. Operating profit ratio

Please assist with the answer in next 30 min

Many Thanks ,Rajiv

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