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From the following information, calculate (up to two decimal places):

(i) Liquid Ratio. 

(ii) Current Ratio. 

(iii) Proprietary Ratio. 

(iv) Working Capital Turnover Ratio. 

(v) Gross Profit Ratio. 

(vi) Operating Ratio. 

(vii) Net Profit Ratio.

Cost of Goods Sold — Rs 6,00,000 

Operating Expenses — Rs 50,000 

Gross Sales — Rs 8,00,000 

Sales Returns — Rs 10,000 

Total Current Assets — Rs 3,00,000 

Total Current Liabilities — Rs 1,00,000 

Total Assets — Rs 7,00,000 

Closing Stock — Rs 30,000 

Prepaid Insurance — Rs 5,000 

Prelim man, Expenses — Rs 6,000 

Share Capital — Rs 5,60,000 

Reserves and Surplus — Rs 40,000

1 Answer

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Best answer

= 1,90,000 - 50,000 / 7,90,00 x 100= 17.72%

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