Question

From the following information, calculate (a) current ratio, (b) inventory

turnover ratio and (c) working capital turnover ratio : 6

R

Cash

Sundry Debtors

Inventory

Sundry Creditors

Bills Payable

Revenue from Operations

Gross Profit 25% of Revenue from operations

35,000

60,000

30,000

45,000

25,000

3,00,000​

Answer 1

Answer:

From the following information, calculate (a) current ratio, (b) inventory

turnover ratio and (c) working capital turnover ratio : 6

R

Cash

Sundry Debtors

Inventory

Sundry Creditors

Bills Payable

Revenue from Operations

Gross Profit 25% of Revenue from operations

35,000

60,000

30,000

45,000

25,000

3,00,000