Sarthaks Test
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From the following information calculate 

(i) Gross Profit Ratio 

(ii) Inventory Turnover Ratio 

(iii) Current Ratio 

(iv) Liquid Ratio 

(v) Net Profit Ratio 

(vi) Working Capital Ratio

ItemsRs.
sales25,20,000
Net profit3,60,000
cost of sales19,20,000
long terms debts9,00,000
creditors2,00,000
Average inventory8,00,000
current assets7,60,000
fixed assets14,40,000
currect liabilities6,00,000
Net profit before insterest and tax8,00,000

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Note :In this question stock is given separately from current assets, hence* it is added to make total current assets.

Note :In this question current assetts should be considered as other current asset and stock is separate, in other words, other current assets means liquid assets. Working capital ratio and working capital turnover ratio means same.

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