Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
4.2k views
in Accounts by (49.5k points)

From the following Statement of Profit and Loss of Gama Ltd. for the year 2017- 18, calculate (up-to two decimal places):

(i) Net Profit Ratio 

(ii) Operating Profit Ratio 

(iii) Current Ratio 

(iv) Quick Ratio

Additional Information:

Total Current Liabilities as on 31st  March, 2018 Rs 50,000

Current Assets (other than inventory) as on 31st March ,2018 Rs 70,00

Please log in or register to answer this question.

1 Answer

0 votes
by (46.2k points)

(i) Net Profit Ratio = Net Profit / Revenue from operations x 100

72,000 / 3,00,000 x 10 = 24 %

Related questions

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...