What is meant by Profitability Ratios? Post category:Accountancy Reading time:1 mins read SOLUTION A Profitability Ratio is a measure of profitability. Profitability ratios are calculated to analyse the earning capacity of the business. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by ‘Profitability of Business’? Next PostName two ratios to assess the profitability of a business in terms of sales. You Might Also Like Anna and Bobby were partners sharing profits and losses in the ratio of 5: 3. On 1st April, 2014, their Capital Accounts showed balances of Rs. 3,00,000 and Rs. 2,00,000 respectively. Calculate the amount of profit to be distributed between the partners if the Partnership Deed provided for Interest on Capital @10% p.a. and the firm earned a profit of Rs. 45,000 for the year ended 31st March, 2015. (C.B.S.E. 2016, Comptt. Outside Delhi) September 26, 2022 Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances? September 26, 2022 Give one reason why partners are charged interest on drawings. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Anna and Bobby were partners sharing profits and losses in the ratio of 5: 3. On 1st April, 2014, their Capital Accounts showed balances of Rs. 3,00,000 and Rs. 2,00,000 respectively. Calculate the amount of profit to be distributed between the partners if the Partnership Deed provided for Interest on Capital @10% p.a. and the firm earned a profit of Rs. 45,000 for the year ended 31st March, 2015. (C.B.S.E. 2016, Comptt. Outside Delhi) September 26, 2022
Can a partner be exempted from sharing the losses in a firm? If yes, under what circumstances? September 26, 2022