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From the following information of Geetha Ltd., Calculate fixed assets turnover ratio(i) Revenue from operations during the year was ₹ 55,00,000.(ii) Fixed assets at the end of the year ₹ 5,00,000 - Accountancy

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प्रश्न

From the following information of Geetha Ltd., Calculate fixed assets turnover ratio
(i) Revenue from operations during the year was ₹ 55,00,000.
(ii) Fixed assets at the end of the year ₹ 5,00,000

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उत्तर

Fixed assets turnover ratio- `"Revenue from operations"/"Average trade assets"`

`5,00,000 = (55,00,000)/"Average trade assets"`

Average trade payable = `5500000/500000` = 11 times

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अध्याय 9: Ratio Analysis - Exercises [पृष्ठ ३२३]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 9 Ratio Analysis
Exercises | Q IV 11. | पृष्ठ ३२३
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