[DK Goel] Q. 121,122,123,124 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 121, 122, 123, 124 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 121. Following is the Balance Sheet of Ganesh Ltd. as at 31st March, 2024:
| I. EQUITY AND LIABILITIES: | |
| Shareholder’s Funds: (a) Share Capital (b) Reserve & Surplus | 30,00,000 23,00,000 |
| Non-Current Liabilities: Long-term Borrowings | 22,00,000 |
| Current Liabilities: Trade Payables | 4,00,000 |
| Total | 79,00,000 |
| II. ASSETS: | |
| Non-Current Assets: Property, Plant and Equipment and Intangible Assets | 55,00,000 |
| Current Assets: (a) Inventory (b) Trade Receivables (c) Cash & Cash Equivalents | 12,00,000 9,00,000 3,00,000 |
| Total | 79,00,000 |
| ₹ | |
| (1) Reserve & Surplus Reserve Profit for the year | 13,00,000 10,00,000 |
| 23,00,000 | |
| (2) Long-term Borrowings 8% Loans 10% Debentures | 10,00,000 12,00,000 |
| 22,00,000 |
Notes:-
Calculate ‘Return on Capital Employed’.
[Ans. Return on Capital Employed 16%.]
Solution:-
Q. 122. Calculate Return on Capital Employed from the following:
| ₹ | |
| Reserves & Surplus | 6,50,000 |
| Current Liabilities | 7,50,000 |
| Share Capital | 7,20,000 |
| Non-Current Assets | 15,00,000 |
| Inventory | 5,00,000 |
| Trade Receivables | 6,00,000 |
| Cash & Cash Equivalents | 1,00,000 |
| 10% Long term Borrowings | 5,00,000 |
| Long term Provisions | 80,000 |
Net Profit before Tax ₹ 2,50,000.
[Ans. 15.38%]
Solution:-
Q. 123. Net Profit after Interest but before Tax ₹ 65,000; Shareholder’s Funds ₹ 3,00,000; 15% Long-Term Debt ₹ 1,00,000. Calculate Return on Investment.
[Ans. 20%.]
Note: It is assumed that Shareholder’s Funds include Current year’s profits.
Solution:-
Q. 124. Net Profit after Interest and Tax of M Ltd. was ₹ 1,00,000. Its Current Assets were ₹ 4,00,000 and Current Liabilities were ₹ 2,00,000. Tax rate was 50%. Its Total Assets were ₹ 10,00,000 and 10% Long term debt was ₹ 4,00,000.
Calculate Return on Investment.
[Ans. Return on Investment 30%.]
Solution:-
Hints: (I) Capital Employed = Total Assets – Current Liabilities.
(ii) Current Assets will be ignored.
