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12th | Accounting Ratio | Question No. 126 To 130 | Ts Grewal Solution 2023-2024

Question 126: Capital Employed `2,50,000, Working Capital `50,000, Cost of Revenue from Operations `8,00,000,


Gross Profit `2,00,000. Calculate Fixed Assets Turnover Ratio.

Answer:


Fixed Assets Turnover Ratio= Revenue from Operations/ Net Fixed Assets

Fixed Assets Turnover Ratio= 10,00,000/ 2,00,000= 5 Times

Working note:

1.      Revenue from operation= Cost of Revenue from Operations+ Gross Profit

             Revenue from operation= 8,00,000+ 2,00,000=10,00,000

 

2.      Net Fixed Assets= Capital Employed - Working Capital

            Net Fixed Assets= 2,50,000- 50,000

Net Fixed Assets= 2,00,000

 

Question 127: Following information is of Raja Ltd. for 2 yea` Calculate Fixed Assets Turnover Ratio:


 

2021-22

`

2022-23

`

Fixed Assets at written down value

3,00,000

6,00,000

Cost of Revenue from Operations

12,00,000

18,00,000

 

Answer:


Fixed Assets Turnover Ratio= Revenue from Operations/ Net Fixed Assets

2021-22

Fixed Assets Turnover Ratio= 12,00,000 / 3,00,000 = 4 Times

2022-23

Fixed Assets Turnover Ratio= 18,00,000/ 6,00,000= 3 Times

 

Question 128: Capital Employed 30,00,000; Working Capital 5,00,000; Cost of Revenue from Operations 40,00,000;


Gross Profit 25% of Cost. Calculate Fixed Assets Turnover Ratio.

Answer:


Net Assets Turnover Ratio= Revenue from Operations/Capital Employed

Net Assets Turnover Ratio= 50,00,000/25,00,000= 2 Times

Working Notes:

Net fixed assets= 30,00,000-5,00,000=25,00,000

Gross Profit = 25% of 40,00,000 = 10,00,000

Revenue= Cost + Gross Profit

Revenue= 40,00,000 +10,00,000 = 50,00,000

 

Net Assets Turnover Ratio

Question 129: Based on the following information, calculate Net Assets or Capital Employed Turnover Ratio:


Shareholders' Funds `20,00,000; Equity Share Capital `10,00,000; Reserves and Surplus `10,00,000;

8% Debentures `10,00,000 and Revenue from Operations `75,00,000.

Answer:


Capital Employed Turnover Ratio= Revenue from Operations/ Capital Employed

Capital Employed Turnover Ratio= 75,00,000/30,00,000

Capital Employed Turnover Ratio= 2.5 Times

Working note:

1.      Revenue from Operations = `75,00,000.

2.      Capital Employed= Shareholders' Funds + 8% Debentures

Capital             Employed= 20,00,000 +10,00,000

 

Question 130: Property, Plant and Equipment and Intangible Assets (at cost) ` 30,00,000; Accumulated Depreciation `5,00,000; Trade Investments `2,50,000; Current Assets `11,00,000; Current Liabilities `8,50,000; Cash Revenue from Operations `10,00,000; Credit Revenue from Operations `40,00,000.


Calculate Net Assets Turnover Ratio.

Answer:


Capital Employed Turnover Ratio= Revenue from Operations/ Capital Employed

Capital Employed Turnover Ratio= 50,00,000/30,00,000

Capital Employed Turnover Ratio= 1.67 Times

Working note:

1.      Revenue from Operations = Cash Revenue from Operations + Credit Revenue from Operations

Revenue from Operations = 10,00,000+40,00,000=50,00,000

2.      Capital Employed= (Property, Plant and Equipment and Intangible Assets (at cost) -Accumulated Depreciation) + Trade Investments +Working Capital

Capital Employed= (30,00,000-5,00,000)+2,50,000+2,50,000

Capital Employed=30,00,000

 

3.      Working Capital= Current Assets - Current Liabilities

Working Capital= 11,00,000- 8,50,000=2,50,000

 

Ts Grewal Solution 2023-2024

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Class 12 / Volume – I

Chapter 3 – Accounting Ratio

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