[DK Goel] Q. 89,90,91,92 Accounting Ratios Solutions Class 12 CBSE (2026-27)
the solutions of Question number 89, 90, 91, 92 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2026-27)
Q. 89. Calculate Trade Payables Turnover Ratio from the following information:
| ₹ | |
| Opening Trade Payables | 1,30,000 |
| Payment to Trade Payables | 6,80,000 |
| Purchase Returns | 40,000 |
| Closing Trade payables (including ₹ 50,000 due to a supplier of machinery) | 2,20,000 |
[Ans. Trade Payables Turnover Ratio : 4.8 times.]
Solution:-
Q. 90. From the following information, find out Opening and Closing Trade Payables:
Total Purchases ₹21,60,000
Cash Purchases are 20% of Credit Purchases
Trade Payables Turnover Ratio is 5 times,
Closing trade payables are one and half times of opening trade payables.
[Ans. Opening Trade Payables 2,88,000; Closing Trade Payables 4,32,000.]
Solution:-
Q. 91. Calculate Fixed Assets Turnover Ratio from the following information:
| ₹ | |
| Land & Building | 12,00,000 |
| Vehicles | 4,00,000 |
| Goodwill | 2,00,000 |
| Cash & Cash Equivalents | 2,00,000 |
| Average Inventory | 12,00,000 |
| Inventory Turnover Ratio | 6 Times |
| Gross Profit | 20% |
[Ans. Fixed Assets Turnover Ratio = 5 Times]
Hints: (I) Cash & Cash Equivalents will be ignored.
(ii) Gross Profit will be considered as 20% on Sales.
Solution:-
Q. 92. Following information is related to X Ltd.:
| ₹ | |
| Gross Profit | 8,80,000 |
| Ratio of Gross Profit on Sales | 20% |
| Plant & Machinery | 6,00,000 |
| Office Equipment | 1,30,000 |
| Trade Receivables | 2,00,000 |
| Goodwill | 50,000 |
| Trade Marks | 20,000 |
Calculate Fixed Assets Turnover Ratio.
[Ans. Fixed Assets Turnover Ratio = 5.5 Times.]
Solution:-
