Revenue from Operations, i.e., Net Sales Rs. 6,00,000. Calculate Net Profit Ratio. Post category:Accountancy Reading time:1 mins read SOLUTION Net Sales = 6,00,000Net profit = 60,000 Net Profit Ratio = Net profit × 100 / Net Sales= 60,000 × 100 / 6,00,000= 10% 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 PostCash Sales Rs. 2,20,000; Credit Sales Rs. 3,00,000; Sales Return Rs. 20,000; Gross Profit Rs. 1,00,000; Operating Expenses Rs. 25,000; Non-operating incomes Rs. 30,000; Non-operating Expenses Rs. 5,000. Calculate Net Profit Ratio. Next PostRevenue from Operations, i.e., Net Sales Rs. 8,20,000; Return Rs. 10,000; Cost of Revenue from Operations (Cost of Goods Sold) Rs. 5,20,000; Operating Expenses Rs. 2,09,000; Interest on Debentures Rs. 40,500; Gain (Profit) on Sale of a Fixed Asset Rs. 81,000. Calculate Net Profit Ratio. You Might Also Like Pass necessary Journal entries for the issue of Debentures in the following cases: (a) Rs. 40,000; 15% Debentures of Rs. 100 each issued at a discount of 10% redeemable at par. (b) Rs. 80,000; 15% Debentures of Rs. 100 each issued at a premium of 10% redeemable at a premium of 10%. July 18, 2022 What are accumulated profits? September 26, 2022 X, Y and Z are equal partners with capitals of Rs. 1,500; Rs. 1,750 and Rs. 2,000 respectively. They agree to admit W into equal partnership upon payment in cash Rs. 1,500 for 1/4th share of the goodwill and Rs. 1,800 as his capital, both sums to remain in the business. The liabilities of the old firm amounted to Rs. 3,000 and the assets, apart from cash, consist of Motors Rs. 1,200, Furniture Rs. 400, Stock Rs. 2,650 and Debtors Rs. 3,780. The Motors and Furniture were revalued at Rs. 950 and Rs. 380 respectively. Pass Journal entries to give effect to the above arrangement and also show Balance Sheet of the new firm. August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Pass necessary Journal entries for the issue of Debentures in the following cases: (a) Rs. 40,000; 15% Debentures of Rs. 100 each issued at a discount of 10% redeemable at par. (b) Rs. 80,000; 15% Debentures of Rs. 100 each issued at a premium of 10% redeemable at a premium of 10%. July 18, 2022
X, Y and Z are equal partners with capitals of Rs. 1,500; Rs. 1,750 and Rs. 2,000 respectively. They agree to admit W into equal partnership upon payment in cash Rs. 1,500 for 1/4th share of the goodwill and Rs. 1,800 as his capital, both sums to remain in the business. The liabilities of the old firm amounted to Rs. 3,000 and the assets, apart from cash, consist of Motors Rs. 1,200, Furniture Rs. 400, Stock Rs. 2,650 and Debtors Rs. 3,780. The Motors and Furniture were revalued at Rs. 950 and Rs. 380 respectively. Pass Journal entries to give effect to the above arrangement and also show Balance Sheet of the new firm. August 1, 2022