Read the following hypothetical extract of Rehan Limited and answer the given questions on the basis of the same:
YEAR |
2020 |
2019 |
2018 |
AMOUNT |
(IN ₹) |
(IN ₹) |
(IN ₹) |
Outstanding Expenses |
50,000 |
40,000 |
25,000 |
Prepaid Expenses |
3,00,000 |
2,50,000 |
3,50,000 |
Trade Payables |
18,00,000 |
16,00,000 |
14,00,000 |
Inventory |
12,00,000 |
10,00,000 |
11,00,000 |
Trade Receivables |
11,00,000 |
8,00,000 |
10,00,000 |
Cash in hand |
17,00,000 |
12,00,000 |
15,00,000 |
Revenue from operations |
24,00,000 |
18,00,000 |
20,00,000 |
Gross Profit Ratio |
12% |
15% |
18% |
1 Current Ratio for the year 2020 will be_____________ (Choose the correct alternative)
(a) 2:1
(b) 1.8:1
(c) 2.32:1
(d) 2.4:1
2 Quick Ratio for the year 2018 will be_________(Choose the correct alternative)
(a) 1.75:1
(b) 1.8:1
(c) 0.94:1
(d) 1.25:1
3 Inventory turnover ratio for the year 2020 will be______(Choose the correct alternative)
(a) 1.62times
(b) 1.82 times
(c) 1.55times
(d) 1.92 times
4. Cost of Revenue from Operations for the year 2020 would be _________ (Choose the correct alternative)
(a) ₹21,12,000
(b) ₹21,13,000
(c) ₹21,15,000
(d) ₹21,17,000