Question

Ex. 19. The following figures relate to the trading activities of Maharashtra Enterprises Ltd. for the Particulars 5.20,000 Administration Expenses : 3,22,250 Salaries 76,250 Rent 98,500 Stationery, Postage etc. 20,000 Depreciation Other charges 15,300 Provision for Taxation Salaries 4,700 Non-operating income: Advertising 2,000 Dividend on Shares Travelling Profit on Sale of Assets Non-operating Expenses : Loss on Sale of Shares 27700 2,700 2500 9300 16.500 40,000 9,000 3.000 4.000 (a) Rearrange the above figures in a form suitable for analysis, and (b) Show the following ratios : (1) Gross Profit Ratio (ii) Operating Ratio (iii) Stock Turnover Ratio. [Ans. (1) 40%; (ii) 76% (iii) 3.433]​

Answer 1

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