Solution of Question number 141 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? A Trader Carries an Average Inventory of ₹ 1,00,000. His Inventory Turnover Ratio is 8 Times. He sells goods at a profit of 25%…
Solution of Question number 140 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Opening Inventory ₹ 2,00,000; Closing Inventory ₹ 1,20,000. Inventory Turnover Ratio 8 Times; Selling price 25% above cost. Calculate Gross Profit Ratio. [Ans.: Gross…
Solution of Question number 139 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? From the following information, Calculate Gross Profit Ratio: Revenue from Operations: Cash 2,00,000 Credit 8,00,000 Purchases: Cash 40,000 Credit 3,60,000 Carriage Inwards 8,000 Salaries…
Solution of Question number 138 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? From the following information, Calculate Gross Profit Ratio: Credit Sales ₹ 10,00,000 Purchases ₹ 6,00,000 Carriage Inwards ₹ 20,000 Decrease in Inventory ₹ 20,000…
Solution of Question number 137 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Calculate Gross Profit Ratio from the following data: Cash Sales are 20% of Total Sales; Credit Sales are ₹ 5,00,000; Purchases are ₹ 4,00,000;…
