What does a low working capital turnover ratio indicates? Post category:Accountancy Reading time:1 mins read SOLUTION A low working capital turnover ratio indicates under-utilisation of working capital. 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 will be the impact of increase in Current liabilities on Working Capital turnover ratio? State with reason. Next PostThe gross profit ratio of a company is 50%. Slate with reason whether the decrease in rent received by Rs. 15,000 will increase, decrease or not change the ratio. You Might Also Like X, Y and Z are partners sharing profits in the ratio of 5 : 3 : 2. Y retires on 1st April, 2019 from the firm, on which date capitals of X, Y and Z after all adjustments are Rs. 1,03,680, Rs. 87,840 and Rs. 26,880 respectively. The Cash and Bank Balance on that date was Rs. 9,600. Y is to be paid through amount brought in by X and Z in such a way as to make their capitals proportionate to their new profit-sharing ratio which will be X 3/5 and Z 2/5. Calculate the amount to be paid or to be brought in by the continuing partners assuming that a minimum Cash and Bank balance of Rs. 7,200 was to be maintained and pass the necessary Journal entries. August 4, 2022 Office Products Ltd, issued on 1st April, 2018, 20,000, 9% Debentures of Rs. 100 each at a premium of 10% redeemable at a premium of 5% after 5 years. Issue price was payable along with application. Pass the necessary Journal entries. July 18, 2022 How the goodwill is valued under the Capitalisation of Average Profits method? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
X, Y and Z are partners sharing profits in the ratio of 5 : 3 : 2. Y retires on 1st April, 2019 from the firm, on which date capitals of X, Y and Z after all adjustments are Rs. 1,03,680, Rs. 87,840 and Rs. 26,880 respectively. The Cash and Bank Balance on that date was Rs. 9,600. Y is to be paid through amount brought in by X and Z in such a way as to make their capitals proportionate to their new profit-sharing ratio which will be X 3/5 and Z 2/5. Calculate the amount to be paid or to be brought in by the continuing partners assuming that a minimum Cash and Bank balance of Rs. 7,200 was to be maintained and pass the necessary Journal entries. August 4, 2022
Office Products Ltd, issued on 1st April, 2018, 20,000, 9% Debentures of Rs. 100 each at a premium of 10% redeemable at a premium of 5% after 5 years. Issue price was payable along with application. Pass the necessary Journal entries. July 18, 2022