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Capital Employed is ₹ 5,00,000, Working Capital is ₹ 1,00,000, Cost of Revenue from Operations is ₹ 16,00,000, Gross Profit is ₹ 4,00,000.Total Assets ₹ 5,00,000. Calculate Fixed Assets Turnover Ratio. |
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Answer» Current Assets Turnover Ratio `=("Revenue from Operations")/("Current Assets ")= ("₹ 1,00,000")/("₹ 15,00,000")`= 20 Times . Revenue from Operations = Cash sales + Credit Sales =₹ 16,00,000+₹ 4,00,000= ₹ 20,00,000. Net Fixed Assets =Capital Employed -working Capital = ₹ 5,00,000- ₹ 1,00,000= ₹ 4,00,000. Current Assets = Total Assets -Net Fixed Assets = ₹ 5,00,000-₹ 4,00,000=₹ 1,00,000. |
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