[CBSE] Q. 114,115,116,117 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 114,115,116,117 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 114. From the following information, Calculate Opening and Closing Trade Payables:
Cash Purchases 25% of Total Purchases; Revenue from Operations ₹ 3,00,000; Gross Profit 25% on Revenue from Operations; Opening Inventory ₹ 75,000; Closing Inventory ₹ 1,50,000; Trade Payables Turnover Ratio 3 Times; Closing Trade Payables were ₹ 75,000 in excess of Opening Trade Payables.
[Ans.: Opening Trade Payables ₹ 37,500; Closing Trade Payables ₹ 1,12,500.]
Solution:-
Q. 115. Calculate Working Capital Turnover Ratio from the following information:
| Revenue from Operations | 30,00,000 |
| Current Assets | 12,50,000 |
| Current Liabilities | 5,00,000 |
[Ans.: 4 Times]
Solution:-
Working Capital Turnover Ratio = Net Revenue from Operations/Average Working Capital
= 30,00,000/7,50,000
= 4 Times
Revenue from Operations = ₹ 24,00,000
Working Capital = Current Assets – Current Liabilities
Working Capital = ₹ 12,50,000 – ₹ 5,00,000
Working Capital = ₹ 7,50,000
Q. 116. From the following information, Calculate Working Capital Turnover Ratio:
| Particulars | ₹ |
| Cost of Revenue from Operations (Cost of Goods Sold) | 10,00,000 |
| Current Assets | 5,00,000 |
| Current Liabilities | 3,00,000 |
[Ans.: Working Capital Turnover Ratio = 5 Times.]
Solution:-
Working Capital Turnover Ratio = Net Revenue from Operations/Working Capital
= 10,00,000/2,00,000
= 5 Times
Net Revenue from Operations = Cost of Revenue from Operations + Gross Profit
Net Revenue from Operations = ₹ 10,00,000 + ₹ 0 = ₹ 10,00,000
Working Capital = Current Assets – Current Liabilities
Working Capital = ₹ 5,00,000 – ₹ 3,00,000 = ₹ 2,00,000
Q. 117. Revenue from Operations: Cash Sales ₹ 5,00,000; Credit Sales ₹ 6,00,000;
Sales Return ₹ 1,00,000; Current Assets ₹ 3,00,000; Current Liabilities ₹ 1,00,000. Calculate Working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 5 Times.]
Solution:-
