From the following ratios and given information: 1.Fixed Assets: 40,00,000 2. Closing Stock: 4,00,000 3.Stock Turnover Ratio: 10 4.Gross Profit Ratio: 25% 5.Net Profit Ratio: 20% 6.Net Profit to Capital: 1/5 7.Capital to Total Liabilities: 1/2 8.Fixed Assets to Capital: 5/4 9.Fixed Assets to Total Current Assets: 5/7 Total Current Assets will be... ans. 1,50,000 56,00,000 2.80.000 3,75,000 From the following ratios and given information:1.Fixed Assets: 40,00,0002.Closing Stock: 4,00,0003.Stock Turnover Ratio: 104.Gross Profit Ratio: 25%5.Net Profit Ratio: 20%6.Net Profit to Capital: 1/57.Capital to Total Liabilities: 1/28.Fixed Assets to Capital: 5/49.Fixed Assets to Total Current Assets: 5/7Total Current Assets will be....ans.1,50,00056,00,0002,80,0003,75,000

Fixed assets are those assets which are being held by the business for longer period of time. It…

Answered: From the following ratios and given…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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From the following ratios and given information: 1.Fixed Assets: 40,00,000 2. Closing Stock: 4,00,000 3.Stock Turnover Ratio: 10 4.Gross Profit Ratio: 25% 5.Net Profit Ratio: 20% 6.Net Profit to Capital: 1/5 7.Capital to Total Liabilities: 1/2 8.Fixed Assets to Capital: 5/4 9.Fixed Assets to Total Current Assets: 5/7 Total Current Assets will be... ans. 1,50,000 56,00,000 2.80.000 3,75,000

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