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From the following Balance sheet of Cell...

From the following Balance sheet of Cello Ltd. And information as at 31 st March ,2019 compute Current Assets Turnover Ratio


Sales and Sales Return for the current year are ₹ 1,90,00,000 and ₹ 7,00,000 respectively .

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TS GREWAL-PRACTICE WORK-viva question
  1. From the following Balance sheet of Cello Ltd. And information as at 3...

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  2. What was the reason for Ms. Parul and Ms. Aruna to become partners in ...

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  3. Why is it necessary for Ms. Parul and Ms. Aruna to enter into partners...

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  4. Why is it necessary to prepare Trial Balance ?

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  5. Was the bank balance reconciled?

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  6. What does a Trading Account show?

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  7. What does Profit and Loss Account show?

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  8. Give two characteristics of a Balance Sheet

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  9. What do youunderstandby 'Direct Expenses?

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  10. How is Closing Stock (inventory) valued?

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  11. Why do we recognise 'income earned but not received' and 'expenses inc...

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  12. What can be the reasons for a firm earning higher Gross Profit than th...

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  13. Operating Ratio is lower than the industry standard. Is it good for th...

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  14. Do you think lower Inventory Turnover Ratio is good for the firm?

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  15. Why do you think lower Trade Payables Turnover Ratio is not good for t...

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  16. Working Capital Turnover Ratio of the firm is 0.94 against industry st...

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  17. The firm ha s hight Current Ratio. What does it indicate ?

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  18. Which areas , according to you are the weak areas of the firm ?

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  19. What does Operating Ratio of 65.40 % indicates against Industry Standa...

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  20. Gross Profit Ratio is 46.72% against Industry Standard of 40%. What do...

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  21. Net Profit Ratio is 33.50% against industry standard 27.5%. What does ...

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