· From the following information calculated the following Ratio
1. Stock Turnover Ratio
2. Operating Ratio
3. Net Profit Ratio
o Closing Stock is 50 % of the opening Stock
o Purchase are 8 times of the Opening Stock
o Sales are 15 times of the Opening Stock
o Adjusted Purchase 60 %
o Purchase Expenses Rs. 20,000
o Operating Expenses Rs. 60,000
o Taxation Rate is 50 %
adj. purchases ki % of which plz specify
what is adj. purchases??????? pls explain then i'll solve the question
i don't know the same , thats why i have asked as it is current year T Y Bcom(S G U) paper
Please guide me
STR is 20 times ( cogs/avg.stk) & is cogs is not given then can be taken on net sales & i take net sales while computing STR
ye to specify karo ki adj. purchases 60% on which item
OK MEIN TOMMORROW ISKKA SOLUTION DETI HOO
Adjusted purchase = op. stock + purchase – cl. Stock + direct expenses
Let op. stock = X
Cl. Stock = X/2
Purchase = 8X
Sale = 15X
Direct exp. (purchase exp) = 20000
Adjusted purchase = X +8X - X/2 + 20000 = 8.5X +20000
Or, 60% of 15X, i.e. 9X
è 9X = 8.5X +20000
X = 40000
Now come to question:
STR= COGS / average stock
= 360000/ 30000 = 12TIMES
OPERATING RATIO= COGS+OPERATING EXP/NET SALES* 100= 3,60,000+60,000/6,00,000*100 =70%
NP ratio = NP / Sales
NP= SALES-COGS-OPERATING EXP- TAX=6,00,000-3,60,000-60,000-90,000=90.000
NP RATIO= 90,000/6,00,000*100= 15%
AND SORRY PAHLE GALAT STR BATA DI THI
Adjusted Purchase & COGS both are Same
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