Question

22. Following are the ratios relating to Vignesh & Co.

Gross profit ratio

Stock velocity

Debtors velocity

Creditors velocity

Gross profit for 1992's

15%

6 months

3 months

3 months

Rs. 60,000

Closing stock is equal to opening stock.

Find out: a) Sales b) Closing stock c) Debtors d) Creditors

Answer 1

Answer:

Awards will be given to the winners by the President.

Extra Information :

• The object in the active voice becomes the subject in the passive voice.

• The subject in the active voice becomes the object in the passive voice. It is generally preceded by the preposition 'by'.