Ratio

From the following information calculated the following Ratio

1.       Stock Turnover Ratio

2.       Operating Ratio

3.       Net Profit Ratio

 

  • Closing Stock is  50 %  of the opening Stock
  • Purchase are  8  times of the Opening Stock
  • Sales are  15  times of the Opening Stock
  • Adjusted Purchase 60 %
  • Purchase Expenses  Rs. 20,000
  • Operating Expenses  Rs. 60,000
  • Taxation Rate is  50 %
Replies (3)

60% of adj purchases of which item???????

Hi Payal

Pls, tell me what is the adj purchase 

Adjusted purchase is that which is not actual purchase and adjusted by adding more bills to it.

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