Name two ratios to assess the profitability of a business in terms of sales. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Gross Profit Ratio; (ii) Net Profit Ratio. 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 Ratios? Next PostWhat is G.P. Ratio? You Might Also Like The capital accounts of Tisha and Divya showed credit balances of 10,00,000 and 7,50,000 respectively after taking into account drawings and net profit of Rs. 5,00,000. The drawings of the partners during the year 2021-22 were:(i) Tisha withdrew 25,000 at the end of each quarter.(ii) Divya’s drawings were: October 11, 2022 Capital Employed Rs. 10,00,000; Fixed Assets Rs. 7,00,000; Current Liabilities Rs. 1,00,000. There are no Long-term Investments. Calculate Current Ratio. August 12, 2022 There was a contingent liability for B/R received from Ashok for Rs. 20,000 and discounted with the bank. Ashok became insolvent and 75 paise in a rupee were received from his estate. How much amount will be debited/credited to Realisation Account? September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
The capital accounts of Tisha and Divya showed credit balances of 10,00,000 and 7,50,000 respectively after taking into account drawings and net profit of Rs. 5,00,000. The drawings of the partners during the year 2021-22 were:(i) Tisha withdrew 25,000 at the end of each quarter.(ii) Divya’s drawings were: October 11, 2022
Capital Employed Rs. 10,00,000; Fixed Assets Rs. 7,00,000; Current Liabilities Rs. 1,00,000. There are no Long-term Investments. Calculate Current Ratio. August 12, 2022
There was a contingent liability for B/R received from Ashok for Rs. 20,000 and discounted with the bank. Ashok became insolvent and 75 paise in a rupee were received from his estate. How much amount will be debited/credited to Realisation Account? September 27, 2022
