Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question 8:
The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31-3-2000 is given
below:
Particular
To Opening Stock
"Purchases
"Carriage and Freight
" Wages
Gross Profit b/d
To Administration expenses
"Selling and Dist. expenses
"Non-operating expenses
"Financial Expenses
Net Profit c/d
Calculate:
1. Gross Profit Ratio
1. Net Profit Ratio
Rs.
76,250 By Sales
3,15,250
2,000
5,000
2,00,000
5,98,500
Particular
"Closing stock
1,01,000
By Gross Profit b/d
12,000 "Non-operating incomes:
2,000
"Interest on Securities
7,000
"Dividend on shares
84,000 "Profit on sale of shares
2,06,000
2. Expenses Ratio 3. Operating Ratio
5. Operating (Net) Profit Ratio 6. Stock Turnover Ratio.
Rs.
5,00,000
98,500
5,98,500
2,00,000
1,500
3,750
750
2,06,000
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Transcribed Image Text:Question 8: The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31-3-2000 is given below: Particular To Opening Stock "Purchases "Carriage and Freight " Wages Gross Profit b/d To Administration expenses "Selling and Dist. expenses "Non-operating expenses "Financial Expenses Net Profit c/d Calculate: 1. Gross Profit Ratio 1. Net Profit Ratio Rs. 76,250 By Sales 3,15,250 2,000 5,000 2,00,000 5,98,500 Particular "Closing stock 1,01,000 By Gross Profit b/d 12,000 "Non-operating incomes: 2,000 "Interest on Securities 7,000 "Dividend on shares 84,000 "Profit on sale of shares 2,06,000 2. Expenses Ratio 3. Operating Ratio 5. Operating (Net) Profit Ratio 6. Stock Turnover Ratio. Rs. 5,00,000 98,500 5,98,500 2,00,000 1,500 3,750 750 2,06,000
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