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12th Standard English Medium Accountancy Subject Ratio Analysis Book Back 3 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 15

    Part I

    5 x 3 = 15
  1. What is inventory conversion period? How is it calculated?

  2. State any three advantages of ratio analysis.

  3. From the following Balance Sheet of Arunan Ltd. as on 31.03.2019 calculate
    (i) Debt-equity ratio
    (ii) Proprietary ratio and
    (iii) Capital gearing ratio.

    Balance Sheet of Arunan Ltd. as on 31.03.2019
    Particulars Rs.
    I EQUITY AND LIABILITIES  
    1. Shareholders' funds  
      (a) Share capital  
        Equity share capital 1,50,000
        8% Preference share capital 2,00,000
      (b) Reserves and surplus 1,50,000
    2. Non current liabilities  
        Long term borrowings (9% Debentures) 4,00,000
    3. Current liabilities  
        Short-term borrowings from banks 25,000
        Trade payables 75,000
    Total 10,00,000
    II ASSETS  
    1. Non-current assets  
      Fixed assets 7,50,000
    2. Current assets  
      (a) Inventories 1,20,000
      (b) Trade receivables 1,00,000
      (c) Cash and cash equivalents 27,500
      (d) Other current assets  
        Expenses paid in advance 2,500
    Total 10,00,000
  4. The credit revenue from operations of Harini Ltd. amounted to Rs.9,60,000. Its debtors and bills receivable at the end of the accounting period amounted to Rs.1,00,000 and Rs.60,000 respectively. Calculate trade receivable turnover ratio and also collection period in months.

  5. From the following information of Ashika Ltd., calculate fixed assets turnover ratio:
    (i) Revenue from operations during the year were Rs.60,00,000.
    (ii) Fixed assets at the end of the year was Rs.6,00,000.

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