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
A Ghatam is a ______.
Which of the following can be a basis of difference between a salamander and a house-wall lizard apart from their habitat?
Women 20 Inception meeting under India's G20 Presidency held in which city?
- Which of the following are types of microfinance institutions in India?
Jarawa tribes can be found majorly in which part of India?
Which state in India has the highest micro-irrigation area?
The first woman airline pilot was
The "Yuva Yogine" (Mukhyamantri Yuva Udyami Vikas Abhiyan) scheme, recently in news, was launched by which state to promote youth entrepreneurship?
To which feature of the Constitution of India does the appointment of the Governor by the Centre belong?
Which gas is responsible for the blue color of the Earth’s atmosphere?
