Current Ratio, Net Profit (NP) Ratio and Gross Profit (GP) Ratio

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Bachelor of Commerce – B.Com Part 2 (Second Year) Solved Assignments for 2020 Annual Examinations

SOL Solved Assignment

Code : CA
Course Title : Corporate Accounting

CA: Corporate Accounting Solved Assignment for 2020

Question 4. (b)From the following particulars, you are required to calculate :
(i) Current Ratio (ii) Net Profit Ratio (iii) Gross Profit Ratio
Net Sales : Rs.1,40,000; Gross Profit :Rs.10,000; Net Profit :Rs.6,000; B/R : Rs.2000 ;
Debtors:Rs.8,000; Stock: Rs.10,000; Cash: Rs.6000; Creditors:Rs.12,000; B/P:Rs.8,800

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