[CBSE] Q. 174,175,176,177 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 174, 175, 176, 177 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 174. Calculate ‘Quick Ratio’ and ‘Debt-Equity Ratio’ from the following information:
| Total Debt | 8,00,000 |
| Inventory | 2,20,000 |
| Long-term Debts | 6,00,000 |
| Working Capital | 2,40,000 |
| Shareholder’s Funds | 12,00,000 |
[Ans.: Quick Ratio = 1.1 : 1; Debt-Equity Ratio = 0.5 : 1.]
Solution:-
Q. 175. Calculate Revenue from Operations of BN Ltd. from the following information:
| Current Assets | ₹ 8,00,000 |
| Quick Ratio is | 1.5 : 1 |
| Current Ratio is | 2 : 1 |
| Inventory Turnover Ratio is | 6 times |
Goods were sold at a profit of 25% on cost
[Ans.: Revenue from Operations = ₹ 15,00,000.]
Solution:-
Q. 176. Opening Inventory ₹ 80,000; Purchases ₹ 4,30,900; Direct Expenses ₹ 4,000;
Closing Inventory ₹ 1,60,000; Administrative Expenses ₹ 21,100; Selling and Distribution Expenses ₹ 40,000; Revenue from Operations, i.e., Net Sales ₹ 10,00,000. Calculate Inventory Turnover Ratio; Gross Profit Ratio; and Operating Ratio.
[Ans.: (i) Inventory Turnover Ratio = 2.96 Times; (ii) Gross Profit RAtio = 64.51%; (iii) Operating Ratio = 41.6%.]
Solution:-
Q. 177. From the given information, calculate: (a) Trade Receivables Turnover Ratio, (b) Current Ratio.
| ₹ | |
| Credit Revenue from Operations | 80,00,000 |
| Debtors | 25,00,000 |
| Bills Receivables | 15,00,000 |
| Total Assets | 50,00,000 |
| 10% Debentures | 12,00,000 |
| Creditors | 13,00,000 |
| Bills Payable | 7,00,000 |
[Ans.: Trade Receivables Turnover Ratio = 2 Times; Current Ratio = 2 : 1.]
Solution:-
