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From the following Balance sheet of Cello Ltd. And information as at 31 st March ,2019 compute Current Assets Turnover Ratio Sales and Sales Return for the current year are ₹ 1,90,00,000 and ₹ 7,00,000 respectively . |
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Answer» Current Assets Trunover Ratio`=("Revenue from Operations ")/("Current Assets ")=(" ₹ 1,83,00,000")/("₹ 18,00,000").`= 10 Times Revenue from Operations = Sales -sales Return =₹ 1,90,00,000-₹ 7,00,000=₹ 1,83,00,000. |
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