Q. 89 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 89 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Net Assets Turnover Ratio from the following information:-
| ₹ | |
| Property, Plant and Equipment | 5,00,000 |
| Goodwill | 3,00,000 |
| Trade Investments | 1,00,000 |
| Non-Trade Investments | 2,00,000 |
| Current Assets | 4,50,000 |
| Bank Overdraft | 1,50,000 |
| Average Inventory | 6,75,000 |
| Inventory Turnover Ratio | 6 Times |
| Gross Profit | 25% |
[Ans. Net Assets Turnover = 4.5 times]
Solution:-
