[CBSE] Q. 118,119,120,121 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 118, 119, 120, 121 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 118. Equity Share Capital ₹ 15,00,000; Gross Profit on Revenue from Operations,
i.e., Net Sales 33 and 1/3rd percentage; Cost of Revenue from operations or Cost of Goods sold ₹ 20,00,000; Current Assets ₹ 10,00,000; Current Liabilities ₹ 2,50,000. Calculate Working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 4 Times.]
Solution:-
Q. 119. Capital Employed ₹ 12,00,000; Net Fixed Assets ₹ 8,00,000;
Cost of Goods sold or Cost of Revenue from Operations ₹ 40,00,000; Gross Profit is 20% on Cost. Calculate Working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 12 Times.]
Solution:-
Q. 120. Calculate Working Capital Turnover Ratio from the following information:
Revenue from Operations ₹ 15,00,000; Current Assets ₹ 6,25,000; Total Assets ₹ 10,00,000; Non-Current Liabilities ₹ 5,00,000, Shareholder’s Fund ₹ 2,50,000.
[Ans.: Working Capital Turnover Ratio = 4 Times.]
Solution:-
Q. 121. Gross Profit at 25% on cost; Gross Profit ₹ 5,00,000; Equity Share Capital ₹ 10,00,000;
Reserves and Surplus ₹ 2,00,000; Long-term Loan ₹ 3,00,000; Fixed Assets (Net) ₹ 10,00,000; Calculate working Capital Turnover Ratio.
[Ans.: Working Capital Turnover Ratio = 5 Times.]
Solution:-
