Question
A company reported net profit ratio of 5% and RoA of 9%
on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?Solution
Total Asset turnover Ratio = Sales/Average total assets Here, total asset is known of Rs.90 lakh. Sales need to be calculated. RoA = Net profit/total assets or Net Profit = RoA * total assets = 9% of 90 lakh = Rs.810,000 Net Profit Ratio = Net Profit/Sales or Sales = Net profit/net profit ratio = 810,000/5% = Rs.162 lakh Therefore, total turnover ratio = Sales/Total assets = 162 lakh/90 lakh = 1.8 times
Which among the following market structures has the highest product differentiation?
ARIS was initiated in the year
In choosing between the two completing resources, the saving in the resource replaced must be greater than the cost of resource added. Which of the foll...
What is the subsidy given for fishpond under blue revolution scheme
Licensing and registration of food business in FSSAI are covered under which section:
Plants of which family are reported to assimilate CO2 in night
Internal necrosis in mango and internal cork in apple is due to the deficiency of
Two Amino Acids are joined by which linkge/bond
The pest which attack both in field and storage of pulses is–
Under the Per Drop More Crop (PDMC) Scheme, what is the subsidy percentage for Small & Marginal farmers?
