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The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 3132000 is given below: (6) Calculate: 1. Gross Profit Ratio 2.
The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 3132000 is given below: (6) Calculate: 1. Gross Profit Ratio 2. Expenses Ratio. 3. Operating Ratio 4. Net Profit Ratio 5. Operating (Net) Profit Ratio 6. Stock Turnover Ratio.
Q. No. 3 The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31- 3- 2000 is given below: Particular To Opening Stock Purchases * Carriage and Freight Rs. 5.00.000 98,500 Rs. Particular 76.250 By Sales 3.15.250 "Closing stock 2.000 5.000 2,00.000 5.98.500 * Wages Gross Profit b/d 5,98 500 2,00,000 To Administration expenses * Selling and Dist expenses "Non operating expenses - Financial Expenses Net Profit cd 1.01.000 By Gross Profit b/d 12.000 * Non-operating incomes: 2,000 "Interest on Securities 7.000 Dividend on shares 84000 "Profit on sale of shares 2.06.000 1.500 3.750 750 2.06.000 Calculate 1. Gross Profit Ratio 2. Expenses Ratio 3. Operating Ratio 4. Ner Profit
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