Question 8: The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31-3-2000 is given below: Particular Particular To Opening Stock # Purchases Carriage and Freight Wages Gross Profit b/d To Administration expenses "Selling and Dist. expenses "Non-operating expenses "Financial Expenses Net Profit c/d Calculate: 1. Gross Profit Ratio 1. Net Profit Ratio Rs. 76,250 By Sales 3,15,250" Closing stock 2,000 5,000 2,00,000 5,98,500 1,01,000 By Gross Profit b/d 12,000 "Non-operating incomes: 2,000 "Interest on Securities 7,000 "Dividend on shares 84,000 "Profit on sale of shares 2,06,000 2. Expenses Ratio 3. Operating Ratio 5. Operating (Net) Profit Ratio 6. Stock Turnover Ratio. Rs. 5,00,000 98,500 5,98,500 2,00,000 1,500 3,750 750 2,06,000

Question 8: The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31-3-2000 is given below: Particular Particular To Opening Stock # Purchases Carriage and Freight Wages Gross Profit b/d To Administration expenses "Selling and Dist. expenses "Non-operating expenses "Financial Expenses Net Profit c/d Calculate: 1. Gross Profit Ratio 1. Net Profit Ratio Rs. 76,250 By Sales 3,15,250" Closing stock 2,000 5,000 2,00,000 5,98,500 1,01,000 By Gross Profit b/d 12,000 "Non-operating incomes: 2,000 "Interest on Securities 7,000 "Dividend on shares 84,000 "Profit on sale of shares 2,06,000 2. Expenses Ratio 3. Operating Ratio 5. Operating (Net) Profit Ratio 6. Stock Turnover Ratio. Rs. 5,00,000 98,500 5,98,500 2,00,000 1,500 3,750 750 2,06,000

Name: Question 8:The following Trading and Profit and Loss Account of Fanta
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Description: Question 8:The following Trading and Profit and Loss Account of Fantasy Ltd. for the year 31-3-2000 is givenbelow:ParticularTo Opening Stock"Purchases"Carriage and Freight" WagesGross Profit b/dTo Administration expenses"Selling and Dist. expenses"N

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4PB

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