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Determine Return on Investment and Net Assets Turnover ratio from the following information: Profits after Tax were ₹ 6,00,000; Tax rate was 40%; 15% Debentures were of ₹20,00,000; - Accountancy

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प्रश्न

Determine Return on Investment and Net Assets Turnover ratio from the following information:

Profits after Tax were ₹ 6,00,000; Tax rate was 40%; 15% Debentures were of ₹20,00,000; 10% Bank Loan was ₹ 20,00,000; 12% Preference Share Capital ₹ 30,00,000; Equity Share Capital ₹ 40,00,000 ; Reserves and Surplus were ₹ 10,00,000; Sales ₹ 3,75,00,000 and Sales Return ₹ 15,00,000.

संख्यात्मक
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उत्तर

Return on Investment = `"EBIT"/"Capital Employed" xx 100`

Capital Employed = 12% Preference Share Capital + Equity Share Capital + Reserves and Surplus + 15% Debentures + 10% Bank Loan

= 30,00,000 + 40,00,000 + 10,00,000 + 20,00,000 + 20,00,000

= ₹ 1,20,00,000

EBIT = Profits after Tax + Tax + Interest

= 6,00,000 + 4,00,000 + 5,00,000

= ₹ 15,00,000

∴ Return on Investment `= (15,00,000)/(1,20,00,000) xx 100`

= 12.5%

Net Assets Turnover ratio = `"Revenue from Operations"/"Capital Employed"`

`= (3,60,00,000)/(1,20,00,000)`

= 3 times

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2022-2023 (March) Analysis of Financial Statements
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