When total sales is Rs 2,00,000, cash sales is Rs 65,000, then credit sales will be
Rs 1,00,000
Rs 1,30,000
Rs 1,35,000
Rs 1,25,000
Equity share capital is Rs 2,00,000, Reserves & surplus is Rs 30,000. Debenture Rs 40,000 and the shareholders funds will be
Rs 1,90,000
Rs 2,00,000
Rs 2,30,000
Rs 2,50,000
Cost of goods sold is Rs 4,00,000 and average stock is Rs 80,000. Stock turnover ratio will be
5 times
3 times
4 times
7 times
Gross profit can be ascertained by deducting cost of goods sold from
Purchases
Opening stock
Sales
Closing stock
Liquid ratio is otherwise known as
Quick Ratio
Turn over ratio
Capital Turn over ratio
Inventory turnover ratio