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Calculate inventroy Turnover ratio from the following informaation
opening inventroy Rs 40000, purchases Rs 320000, and closing inventroy Rs 120000.
state, giving reason which of the followojkng transactions would (i) increase,(ii) decrease,(iii) neither increase nor decrease the inventroy turnover ratio:
(a) Sale of goods for Rs 40000 (cost Rs 32000)
(b) invrease in the value of closing inventroy by Rs 40000
(c ) goods purchased for Rs 80000
(d) purchases return Rs 20000
(e) goods costing Rs 10000 withdrawn for personal use
(f) goods costing Rs 20000 distrubuted as free samples.

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Calculate inventory tnover ratio form the following information : opening invenotry Rs 20000, purchases Rs 160000 and closing inventory Rs 60000 State giving reason which of the following transactions would(i) increase, (ii) decrease and (iii) neither increase nor decrease the inventory turnover ratio: (a) Sale of goods for Rs 20000(Cost Rs 16000) (b) Increase in the value of closing inventory by Rs 20000. (c )Goods purchased for Rs 40000 (d) Purchases return Rs 1000. (e) Goods costing Rs 5000 wiothdrawn for personal use. (f) Goods costing Rs 10000 distributed as free samples

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Calculate inventory Turnover Ratio from the following information: opening inventory is Rs 50000, purchases Rs 390000, Revenue form operations i.e net sales Rs 600000, Grofss profit ratio 30%

Calculate inventory Turnover ratio from the following:,Rs opening inventroy, 29000 closing inventory ,31000 Revenue form opertions, i.e sales , 320000 Gross profit Ratio 25%.

The gross profit ratio of a company is 25% state giving reson which of the following transactions will (a) increase,(b) decrease,or (c ) not change the gross profit ratio: (i) Purchase of stock in trade Rs 50000 (ii) Purchases return Rs 15000. (iii) Revenue from opertions on sale of stock in trade Rs 85000 (iv) Stock in trade costing Rs 20000 with drawn for personal use. (v) Stock in tradecosting Rs 10000 distributed as free samples

Quick ratio of a company is 2:1 state giving reasons which of the following transactions would (i) improve ,(ii) reduce,(iii) not change the quick ratio: (a) purchase of goods for cash, (b) purchase of goods on credit, (c ) sale of goods (costingRs 10000) for (a) purchase of goods for cash , (b) purchase of goods on credit (c ) sle goods (costing Rs 10000) for Rs 10000(d) sale of goods (costing Rs 10000) for Rs 11000,(e )cash recelved from trade recelvables.

Gross profit ratio of a company is 25% state giving reason which of the following transaction will (a) increase or (b) decrease por , (c ) not alter the gorss profit ratio: (i) purchase of stock in trade Rs 50000 (ii) purchases return Rs 15000 (iii) cash sale fof stock in trade Rs 40000 (iv) stock in trade costing Rs 20000 withdrawn for personal use. (v) stock in trade costing Rs 150000 distributed as free sample.

Cost of revenue form operations(cost of goods sold)Rs 500000,purchases Rs 550000, opening inventory Rs 100000. Calculate inventory Turnover Ratio.

From the information given below calculate trade receivables trunover ratio: credit revenue from operation i.e credit sales Rs 800000, opening tarde receivables Rs 120000, and closing trade receivable rs 200000. state giving reason which of the following would increase , decrease or not change trade receivables trunover ratio: (i) collection from trade receivables Rs 40000 (ii) Credit revenue from operations i.e credit sales Rs 80000 (iii) sales return Rs 20000 (iv) credit purchase Rs 160000.

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TS GREWAL-ACCOUNTING RATIOS -Exercise
  1. From the following data , calculate inventroy turnover ratio: Total ...

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  2. Rs 200000is the cost of Revenue from operations(Cost of goods sold) du...

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  3. Calculate inventroy Turnover ratio from the following informaation o...

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  4. Calculate inventroy trunover ratio from the data diven below:

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  5. From the following informtion calculate value of opening inventroy: ...

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  6. From the following information determine opening and closing inventori...

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  7. Following figure have been extracted form shivalika mills ltd: inven...

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  8. Inventroy Turnover ratio 5 times cost of revenue form operations (cost...

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  9. Rs 300000 is the cost of rebenue from operations(cost of goods sold). ...

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  10. From the following information calculate inventroy turnove ratio: Cr...

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  11. Calculate inventory turnvover ratio in eacch of the following alternat...

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  12. From the following statement of profit and loss for the yuear ended 31...

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  13. Credit revenue from operation i.e net credit sales for the year

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  14. Calculate trade receivables turnover ratio form the following informat...

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  15. Closing trade receivables rs 100000, cash sales being 25% of credit sa...

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  16. compute trade receivables trunover ratio from the following:

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  17. Rs 175000 is the credit revenue from operations i.e net credit sals o...

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  18. From the following particular ,determine trade receivables trunover r...

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  19. Closing trade receivables Rs 120000, revenue from operationsRs 1440000...

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  20. Closing trade receivables Rs 400000, cash sales being 25% of credit sa...

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