Question: Please solve it on paper not on excel. DO it with formula so i can prepare (b) Following are the selected data taken from Books

Please solve it on paper not on excel. DO it with formula so i can prepare

(b) Following are the selected data taken from Books of A Ltd at the end of year 2005: (12) Cash Account Receivable beg Account Receivable end Marketable Securities Merchandise Inventory beg Merchandise Inventory end Accounts Payable Bills Payable Credit Sales (Net) Cost of Goods Sold Total Operating Expenses Rs. 108.000 380,000 350,000 142.000 120,000 150,000 200,000 50.000 18.25,000 540,000 600,000 REQUIRED: On the basis of above information, find out: 1. Net Working Capital 2. Current Ratio 3. Quick Ratio 4. Inventory Turnover 5. Account Receivable Turnover 6. Gross Profit Percentage 7. Net Profit Percentage 8. Operating expense Rate 9. Super Quick Ratio 10. Operating Profit Percentage

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Please solve it on paper not on excel. DO it with formula so i can prepare (b) Following are the selected data taken from Books of A Ltd at the end of year 2005: (12) Cash Account Receivable beg...

a and b please Visit the books conn from the comparative finan its financial statements using the ac accrual basis of finathe accrual bez Record t P4-1A The following selected data are taken Vankee...

Exam# 309 stion 1-Chapter 6 Cost Estimation (5 marks-7 minutes) oe following selected data was taken from the accounting records of McGil Plumbing Ltd. The company uses kilometres driven as its cost...

please show work The following selected data were taken from the books of the Owens O-Rings Company. The company uses job costing to aceount for manufacturing costs. Job 405 hegtan jroduction in...

I would like assist for my assessment. The subject is Subsidiary Accounts and Ledgers and Foundation Skills. T-1.8.1 Details of Assessment Term and Year 1, 2017 Time allowed Week 2-7 Assessment No 1...

I'm an undergrad accounting student in an introduction to forensic accounting course.I need help getting started on a final project for this class over a fictitious company called the Grand Teton...

Needing ANSWERS ASAP! Starting at pg 34 - Labeled Graded Project 06155200: Graded Project Instructions & Worksheets 1 Lesson 1: Business, Accounting, and You PROJECT GOAL The goal of this graded...

Help with C-F with work show. zoom in to see better. Excel File Edit View Insert Format Tools 43 64% (4) Thu 2:06 PM Q AutoSave OFF HESU- Data Window Help Advanced Accounting - Consolidation Case...

i want complete solution for my assignment and it should be without plagiarism COIT20274: Information Systems for Business Professionals, Term One 2016 Assignments 1 & 2 Requirements Assignment 1 -...

Click the year that produced a 3% rate of real GDP growth. Year 2007 2008 2009 2010 Click or tap the appropriate place in the image. Nominal GDP growth rate 9 6 -19 18 Price-level growth rate 6 6 4...

What do the ideas of Rousseau, Darwin, and Hall have in common?

? _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ b o n d s m a y b e e x c l u d e d f r o m g r o s s i n c o m e t o t h e e x t e n t t h e b o n d p r o c e e d s a r e u s e d t o p a y q u a l i f y i n g e...

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

What steps should be taken in promoting fairness in promotion opportunities?

What steps should be taken to address any undesirable phenomena?

What are the general responsibilities of parties for workplace health, wellbeing, and safety in the workplace? How might these be addressed in the case?