[DK Goel] Q. 189,190,191,192 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 189, 190, 191, 192 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 189. Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following figures:
| ₹ | |
| Trade Receivables Turnover ratio | 5 Times |
| Cost of Revenue from Operations | 8,00,000 |
| Gross Profit Ratio | 20% |
Closing Trade Receivables were ₹ 40,000 more than in the beginning.
Cash sales being 1/4 times of Credit Sales.
[Ans. Opening Trade Receivables ₹ 1,40,000; Closing Trade Receivables ₹ 1,80,000.]
Solution:-
Q. 190. Calculate the amount of Opening Trade Receivables and Closing Trade Receivables from the following:-
| ₹ | |
| Trade Receivables Turnover Ratio | 10 times |
| Cost of Revenue from Operations | 7,00,000 |
| G.P Ratio | 30% of Revenue from Operations |
You are informed that Closing Trade Receivables were three times than that in the beginning. Cash Revenue from Operations being 25% of Credit Revenue from Operations.
[Ans. Opening Trade Receivables ₹ 40,000; Closing Trade Receivables ₹ 1,20,000.]
Solution:-
Q. 191. Following particulars are obtained from the books of A Ltd. as on 31.3.2023:-
| ₹ | |
| Share Capital | 1,00,000 |
| Reserve & Surplus | 3,00,000 |
| Long-term Borrowings | 1,00,000 |
| Trade Payables | 60,000 |
| Bank Overdraft | 20,000 |
| Inventory | 44,000 |
| Trade Receivables | 1,20,000 |
| Cash | 36,000 |
You are required to calculate:-
(a) Working Capital Ratio; (b) Debt Equity Ratio; and (c) Trade Receivables Turnover Ratio if Credit revenue from Operations are ₹ 7,20,000.
[Ans. Working Capital Ratio (Current Ratio) = 2.5 : 1; Debt Equity Ratio .25 : 1; Trade Receivables Turnover Ratio = 6 Times.]
Solution:-
Q. 192. Rate of Gross Profit on Revenue from Operations of a company is 25%. Its Gross Profit is ₹ 5,00,000. Its Shareholder’s Funds are ₹ 25,00,000; Non-Current Liabilities are ₹ 8,00,000 and Non-Current Assets are ₹ 23,00,000.
Calculate its Working Capital Turnover Ratio.
[Ans. working Capital Turnover Ratio : 2 times.]
Solution:-
