Question

Calculate the following ratio on the basis of following information:
(i) Gross Profit Ratio (ii) Current Ratio (iii) Acid Test Ratio (iv) Inventory Turnover Ratio (v) Fixed Assets Turnover Ratio
`{:(,,Rs.),("Gross Profit",,50_(,)000),("Revenue from Operations",,1_(,)00_(,)000),("Inventory",,15_(,)000),("Trade Receivables",,27_(,)500),("Cash and Cash Equivalents",,17_(,)500),("Current Liablilites",,40_(,)000),("Land & Building",,50_(,)000),("Plant & Machinery",,30_(,)000),("Furniture",,20_(,)000):}`

Answer 1

Answer:

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Explanation:

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