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M.260 An Aid to Accountancy—CBSE XII

21. (a) Capital Employed ` 1,00,000; Non-current Assets ` 80,000; Cost of Revenue
from Operations ` 3,20,000; Gross Profit Ratio 20%. Calculate Working Capital
Turnover Ratio.
(b) Calculate Gross Profit Ratio from the following:

Particulars `
Opening Inventories 50,000
Purchases 1,50,000
Returns Outward 20,000
Wages 10,000
Revenue from Operations 2,50,000
Closing Inventories 40,000

Or
(a) ` 3,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold).
Inventory Turnover Ratio 8 times; Inventory in the beginning is 2 times
more than the Inventory at the end. Calculate value of Opening and
Closing Inventories.
(b) Net Profit before Interest and Tax ` 2,50,000; Capital Employed ` 10,00,000.
Calculate Return on Investment. (2 + 2)
22. From the following information, prepare Comparative Statement of Profit and Loss:

Particulars 31st March, 2018 31st March, 2017
Cost of Materials Consumed ` 13,44,000 ` 6,00,000
Revenue from Operations (% of Materials Consumed) 125% 200%
Other Expenses (% of Operating Revenue) 10% 10%
Tax Rate 50% 50%
Or
From the following information of Gold Coin Ltd. for the years ended 31st March, 2018
and 2017, prepare Common-size Statement of Profit and Loss:
Particulars Note No. 31st March, 2018 31st March, 2017

Revenue from Operations ` 25,00,000 ` 20,00,000
Employees Benefit Expenses ` 20,00,000 ` 17,00,000
Other Expenses ` 6,00,000 ` 4,00,000
Tax Rate 40% 40%
(4)