Q. 90 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 90 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Net Assets Turnover Ratio from the following information:-
| ₹ | |
| Share Capital | 4,00,000 |
| Surplus i.e., Balance in Statement of Profit and Loss | 60,000 |
| Securities Premium | 80,000 |
| Public Deposits | 1,20,000 |
| Long Term Provisions | 40,000 |
| Short Term Provisions | 1,00,000 |
| Cost of Revenue from Operations | 35,00,000 |
| Gross Profit 20% on Cost |
[Ans. Net Assets Turnover Ratio = 6 Times.]
Solution:-
