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3.54 Analysis of Financial Statements—CBSE XII
32. From the following information, calculate Working Capital Turnover Ratio:
Marketable Securities ` 1,50,000; Inventory ` 50,000; Sundry Debtors ` 2,00,000; Bills Receivable ` 50,000;
Cash at Bank ` 1,00,000; Cash in Hand ` 50,000; Bills Payable ` 30,000; Sundry Creditors ` 2,00,000;
Provision for Tax ` 20,000; Sales ` 23,00,000; Returns Inward ` 2,00,000.
[Ans.: Working Capital Turnover Ratio = 6 Times.]
33. From the following information, calculate Inventory Turnover Ratio; Operating Ratio; and Gross Profit Ratio:
Opening Inventory ` 28,000 Carriage Inwards ` 4,000
Closing Inventory ` 22,000 Office Expenses ` 4,000
Purchases ` 46,000 Selling and Distribution Expenses ` 2,000
Revenue from Operations (Net Sales) ` 80,000 Capital Employed ` 2,00,000
Return ` 10,000
[Ans.: Inventory Turnover Ratio = 2.24 Times; Operating Ratio = 77.5%; Gross Profit Ratio = 30%.]