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CUET (UG) entrance exam Question Bank Solutions for Accountancy

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Read the following hypothetical extract of ABC Ltd. and answer the question that follows:

The following information is given:

Trade Receivables Turnover Ratio 4 times
Current Liabilities ₹ 5,000
Average Debtors ₹ 1,80,000
Working Capital Turnover Ratio 8 times
Cash Revenue from Operations 25% of Revenue from Operations
Gross Profit Ratio `33 1/3%`

What is the revenue from operations?

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
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Average Payment Period is particularly useful for ______ since it helps in knowing bill- paying patterns of the firm.

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
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Read the following hypothetical extract of ABC Ltd. and answer the question that follows:

The following information is given:

Trade Receivables Turnover Ratio 4 times
Current Liabilities ₹ 5,000
Average Debtors ₹ 1,80,000
Working Capital Turnover Ratio 8 times
Cash Revenue from Operations 25% of Revenue from Operations
Gross Profit Ratio `33 1/3%`

What is the working Capital?

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
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If Total Assets of Harbhajan Limited are ₹ 60,00,000 and its Fixed Assets are ₹ 24,00,000, what will be the percentage of Fixed Assets on Total Assets?

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
Concept: undefined >> undefined

Read the following hypothetical extract of ABC Ltd. and answer the question that follows:

The following information is given:

Trade Receivables Turnover Ratio 4 times
Current Liabilities ₹ 5,000
Average Debtors ₹ 1,80,000
Working Capital Turnover Ratio 8 times
Cash Revenue from Operations 25% of Revenue from Operations
Gross Profit Ratio `33 1/3%`

What will be the value of current assets?

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
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What will be the amount of Profit after Tax of Simple Limited, if:

Revenue from Operations is ₹ 12,00,000

Cost of Revenue from Operations is 60% of Revenue from Operations

Operating Expenses ₹ 90,000

Rate of income tax is 40%

[6] Analysis of Financial Statements
Chapter: [6] Analysis of Financial Statements
Concept: undefined >> undefined
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