CALCULATE OPERATING RATIO AND PROPRIETARY RATIO :

CASH SALES = 10,00,000 ;

CREDIT SALES = 120% OF CASH SALES ;

OPERATING EXPENSES = 10% OF TOTAL SALES ;

RATE OF GROSS PROFIT = 40% ;

OPENING STOCK = 1,50,000 ;

CLOSING STOCK = 1,70,000 ;

CURRENT ASSETS = 3,00,000 ;

CURRENT LIABILITIES = 2,00,000 ;

SHARE CAPITAL = 6,00,000 ;

FIXED ASSETS = 5,00,000

  • 0

operatin ratio = oe+cogs/net sales

sales= 100000+120000=220000

gp = 88000

oe= 22000

net profit = gp - oe = 66000

cogs = sales- gp = 132000

operating ratio = 0.7times

eqity = share capital + np= 66600

rest i am nt gtng

  • 0
What are you looking for?