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Cost of Revenue from Operations =...

Cost of Revenue from Operations =

A

Revenue from Operations - Net Profit

B

Revenue from Operations - Gross Profit

C

Revenue from Operations - Closing Inventory

D

Purchases - Closing Inventory

Text Solution

Verified by Experts

The correct Answer is:
B
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Calculate tarade receivabels trunover ratio in each of the following alternative cases: case 1: net credit sales Rs 400000, average trade receivable Rs 100000 case :2 Revenue from operations(net sales) Rs 300000, cash revenue form operations, i.e cah sales Rs 6000000, opening trade receivables Rs 200000, closing trade receivables Rs 600000 case 3: Cost of revenue from operations or cost of goods sold Rs 300000, gorss profit on cost 25% cash sales 20% of tatal sales, opening trade receivables rs 50000, closing trade receivables Rs 100000. Case 4: cost of revenue form opertions or cost of goods sold Rs 450000, gross, profit on sales 20% cashs sales 25% of net credit sales, opening trade receivables Rs 90000, closing trade receivables Rs 600000.

Cash revenue form operations Rs 50000 credit revenue from operations Rs 150000 gross profit 25% on cost closing inventroy was 3 times the opening inventory . Opening inventory was 10% of cost of revenue from operations. Calculate inventroy turnover ratio.

Equity share capital Rs 1500000, Gross profit on revenue form operation si.e net sales 33(1)/(3)% cost of revenue from operations or cost of goods sold Rs 200000, current assets Rs 100000,current liabilites Rs 250000. calculate working capital trunover ratio.

Calculate opening and closing trade receivbables from the following information if trade receivables trunover ratio is 3 times (i) Cash revenue from operation s is 1//3rd of credit revenue form operations (ii) Cost of revenue form operations Rs 240000 (iii) Gross profit 25% on cost of revenue from operations (iv) Trade receivables at the end were 3 times more than that of in the beginning.

From the following information calculate any two of the following ratios, (i)current ratio, , (ii) debt to equity ratio and , (iii) operating ratio. (revenue from operation (net sales )Rs 100000, cost of revenue from operations (cost goods sold) was 80% of sales, equity share capital Rs 700000, general reserve Rs 300000, operating expenses Rs 10000, quick assets Rs 6000000, 9% debentures Rs 500000, closing inventory Rs 50000, prepaid expenses Rs 10000 and current liabilites Rs 400000.