Interested to Buy Any Domain ? << Click Here >> for more details...
The following figures relate to the trading activities of
M/s ABC Traders Ltd for the year ending 31 March 2004.
Particulars Amount (Rs)
Sales 5,20,000
Opening stock 76,250
Purchases 3,22,250
Closing stock 98,500
Sales return 20,000
Selling and Distribution Expenses
Salaries 15,300
Advertising 4,700
Travelling 2,000
Administrative Expenses
Salaries 27,000
Rent 2,700
Stationery 2,500
Depreciation 9,300
Other charges 16,500
Provision for tax 4,000
Non Operating Income
Dividend on shares 9,000
Profit on sales of shares 3,000
Non Operating Expenses
Loss on sale of fixed asset 4,000
You are required to:
(i) Arrange the above figures in a form suitable for analysis.
(ii) Show separately the following ratios.
Net profit ratio
Operating ratio
Stock turnover ratio
- 1 Answers
- 6280 Views
- Candico, I also Faced
- E-Mail Answers
Answer / nasir siddiqui
net profit ratio= net profit*100/netsales
=124000*100/500000=24.8%
operating ratio=cost of good sold+operating exp/netsales
=300000+4000*100/500000=60.8%
stock turnover ratio=cost of good sold/average stock
=200000/87375=2.28 times
| Is This Answer Correct ? | 3 Yes | 17 No |
we had company we provide work others they deducted tds how to pass entries in my company please tell me
how to show provident fun in balance sheet
4 Answers Genpact, WBCS West Bengal Civil Service,
What is LIFO and FIFO ?
what is accounting
what is an accured account ?
Company purchase software what is the journal entry or software a/c under which department in tally
Hi Everybody, Can anybody tell me the journal entry for below question, Charged interest on Capital Rs.1,500.00 Thanks,
if goods purchased from x company for rs1000 in credit,out of that 10% given discount for us what is the entry in tally?
any one provide me mm & fi configration steps
Accounting periode is normaly one year, bot accounting periode is for 5 year is possible or not?plz list the name of organistaion whose accounting periode is 5 year
I have 3 units, can i vat returns all the three units only one vat form
what is mutual fund?
Audit 
