Question

how to do this sum EXERCISE 8C
(ii) 7y, -9y​

Answer 1

Answer:

Debtors turnover ratio: 4 times; Stock turnover ratio: 8 times; Current ratio: 3: 1; Average Debtors

Rs 1, 80,000; Working Capital turnover ratio: 8 times; Cash sales: 25% of total Sales; Gross Profit Ratio 33.33%. Closing Stock Rs 10,000 in excess of Opening Stock.

Based on the above information calculate any two (a) Revenue from Operations, (b) Cost of Revenue from Operations and (c) Closing Stock.