Question
Calculate Proprietary Ratio
Direction(18 to 20):- Refer the following summarized Balance Sheet & P&L of AB Ltd. as on 31 ‐ 3 ‐ 2022. Summarized Profit and Loss Account is as under for the year ending on 31 ‐ 3 ‐ 22: Rs . Sales (25% Cash sales) 80,00,000 Less: Cost of goods sold 56,00,000 Gross Profit 24,00,000 Net profit (Before interest and tax 50%) 9,00,000 Calculate the following ratios:Solution
Shareholders’ Funds / Total Assets = 20,80,000 / 29,80,000 = 0.70 SHF = Eq. Sh. Cap. + Reserves & Surplus + Preference Sh. Cap. – Fictitious Assets Total Assets = Total Assets – Fictitious Assets SHF = 10,00,000 + 7,00,000 + 4,00,000 ‐ 20,000 = 20,80,000 TA = 30,00,000 – 20,000 = 29,80,000
The country Turkey has requested to change the name of its country which is approved by the United Nations?
Which term refers to the difference between total revenue and total expenditure of the government?
In which of the following planets, the formation of Phosphine is being discovered by the scientists of Cardiff University, Wales?
Which statement about the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) under the Skill India Programme is incorrect?
How many people have been selected for Padma bhusan award 2023?
Which place in Uttar Pradesh is famous for the Sun Temple?
Which of the following is the largest wildlife sanctuary in India?
What was the estimated total business of State Bank of India (SBI) in FY24?
Which of the following mobile companies have partnered with IISC Bengaluru to set up a Center of Excellence in networked robotics ?
Parvati Aranga Bird Sanctuary is situated in which district of Uttar Pradesh?
