How to findout earing power

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2013 ASSET TURNOVER RATIO 10,
SALES 12 Crores
NET PROFIT 15 LACS
FIND EARNINGS POWER


how to find out earning power

with regards


mohini

11 January 2013 18%

Asset Turnover ratio-10
sales -12 c
Assets -1.2 cr

earning power- 15lac/1.2 cr*100= 18%

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2013 thanx for your co-opration

But i Am nt getting 18%


how it come 18%

15/12*100 = 125
15/1.2*100 = 1250


11 January 2013 sorry for the mistake ., it is 12.5%...its my calculation mistake

11 January 2013 15lac*100/1.2 cr= 12.5%



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