View the step-by-step solution to:

Sales Rs. 2520000, Cost of sales Rs. 1920000, Net Profit Rs. 360000, Inventory Rs. 800000, Other Current Assets Rs. 1440000, Fixed Assets Rs....

Sales Rs. 2520000, Cost of sales Rs. 1920000, Net Profit Rs. 360000, Inventory Rs. 800000, Other Current Assets Rs. 1440000, Fixed Assets Rs. 1500000, Debt Rs. 900000, Current Liabilities Rs. 600000 and Net worth Rs. 1500000

Calculate:

 

a. Current Ratio                                                           b. Net Profit Ratio

 

c. Debt. Equity Ratio                                                   d. Return on Investment

Top Answer

a. Current Ratio   = current assets/current liabilities... View the full answer

Sign up to view the full answer

Other Answers

Current Ratio =3.73 times Net... View the full answer

Given Information :Sales Rs. 2520000, Cost of sales Rs. 1920000, Net Profit Rs. 360000, Inventory Rs. 800000, Other Current... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online