Question

if sale is 2,00,000 , opening stock 12000 , wages 8000 fixed assets 212000 , current liabilities 30000 , reserves 10000 , 8%percent debentures 60000 , purchaes 120000 , closing stock 18000 , selling expenses 2000 , current assets 50000 , and equity per share 100000 THEN. calculate solvency ratio and working capital turnover ratio.​

Answer 1

Answer:

operating Ratio, (ii) Quick ratio and (iii) Woking capital turnover ratio. Information: Equity share capital ...

Explanation:

Solution: (i) operating ratio =`("Cost of revenue from operations (cost of goods sold)+operating ... More

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