Q. 68 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 68 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
A Company had a liquid ratio of 1.6 : 1 and a current ratio of 2.4 : 1. Its inventory turnover ratio was 5 times. It had total current liabilities of ₹ 1,50,000.
Find out revenue from operations if the goods are sold at 40% profit on cost.
[Ans. Revenue from Operations ₹ 8,4,000.]
Solution:-
