Capital Employed is ₹ 5,00,000, Working Capital is ₹ 1,00,000, Cost of Revenue from Operations is ₹ 16,00,000, Gross Profit is ₹ 4,00,000.Total Assets ₹ 5,00,000. Calculate Fixed Assets Turnover Ratio.
Answers
Answered by
0
Explanation:
Current Assets = Trade Receivables + Pre-paid Expenses + Cash and Cash Equivalents + Marketable Securities + Inventories
= Rs.1,80,000 + Rs.40,000 + Rs.50,000 + Rs.50,000 + Rs.80,000
=Rs.4,00,000
Current Liabilities = Bills Payable + Sundry Creditors + Expenses Payable
= Rs.20,000 + Rs.1,00,000 + Rs.80,000 = Rs.2,00,000
Similar questions