Question
A firm’s gross profit is ₹50 lakh, sales are ₹2
crore. What is its gross profit margin?Solution
GPM = (Gross Profit ÷ Sales) × 100 = (50L ÷ 200L) × 100 = 25%
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
If the MOS = 20,000 units and PV ratio is 60%. Calculate profit if revenue per unit is 4.
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
A company has the following balances on its Balance Sheet:
• Cash & Bank Balances: ₹2 crore
• Trade Receivables: ₹4 crore
�...
A firm’s balance sheet shows:
• Current assets: ₹400 lakh
• Current liabilities: ₹250 lakh
• Inventory: ₹100 lakh
...A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
X Ltd. is merged with Y Ltd. under the pooling of interest method. The reserves and surplus of X Ltd. amount to ₹10 lakhs. How will this be treated i...
A firm’s gross profit is ₹50 lakh, sales are ₹2 crore. What is its gross profit margin?
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
The following data is provided for XYZ Ltd:
• Current Assets: ₹15,00,000
• Inventory: ₹5,00,000
• Current Liabilities: �...