Q. 195 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 195 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the following information calculate:-
(a) Current Ratio,
(b) Quick Ratio,
(c) Operating Ratio, and
(d) Gross Profit Ratio
| ₹ | |
| Current Assets | 70,000 |
| Current Liabilities | 35,000 |
| Inventory | 30,000 |
| Operating Expenses | 40,000 |
| Revenue from Operations | 1,20,000 |
| Cost of Revenue from Operations | 60,000 |
[Ans. (a) 2 : 1; (b) 1.14 : 1; (c) 83.33%; (d) 50%.]
Solution:-
