How to findout earing power

This query is : Resolved

Querist : Anonymous

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

CA bhargava (Expert)
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11 January 2013 18%

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

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

Querist : Anonymous

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

CA bhargava (Expert)
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11 January 2013 sorry for the mistake ., it is 12.5%...its my calculation mistake

CA bhargava (Expert)
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11 January 2013 15lac*100/1.2 cr= 12.5%

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