[ISC] Q. 57,58,59,60 Ratio Analysis TS Grewal Solution Class 12 (2026-27)
Solution of Question number 57, 58, 59, 60 of the Ratio Analysis of TS Grewal Book 2026-27 session ISC Board?
Q. 57. From the following information, calculate Opening and Closing Trade Receivables, if Trade Receivables Turnover Ratio is 3 Times:
(i) Cash Revenue from Operations is 1/3rd of Credit Revenue from Operations.
(ii) Cost of Revenue from Operations is ₹ 3,00,000.
(iii) Gross Profit is 25% of the Revenue from Operations.
(iv) The Opening Trade Receivables is 1/3rd of Closing Trade Receivables
Solution:-
Calculate Trade Payables Turnover Ratio from the following information:
Q. 58. Opening Creditors ₹ 1,60,000; Opening Bills Payable ₹ 6,000; Closing Creditors ₹ 2,00,000; Closing Bills Payable ₹ 34,000; Purchases ₹ 28,00,000; Cash Purchases ₹ 10,00,000 and Purchases Return ₹ 2,00,000.
Solution:-
Q. 59. From the following data, Calculate Trade Payables Turnover Ratio:
| ₹ | |
| Credit Purchase | 36,00,000 |
| Creditors | 3,60,000 |
| Bills Payable | 2,40,000 |
Solution:-
Q. 60. Opening Sundry Creditors ₹ 80,000; Opening Bills Payable ₹ 3,000; Closing Sundry Creditors ₹ 1,00,000; Closing Bills Payable ₹ 17,000; Purchases ₹ 14,00,000; Cash Purchases ₹ 5,00,000; Purchases Return ₹ 1,00,000. Calculate Trade Payables Turnover Ratio.
Solution:-
