= Rs. Calculate Current Assets, Current Liabilities and Quick Ratio. TS Grewal Solutions for Class 12 Accountancy – Change in Profit-Sharing Ratio Among the Existing Partners (Volume I) Question 1. Cash Balance ₹15,000; Trade Receivables ₹35,000; Inventory ₹40,000; Trade Payables ₹24,000 and Bank Overdraft is ₹6,000. (C) Total Assets/Long term Debts (A) 74% (B) Decrease Current ratio Answer. (B) Cost of production + Operating Expenses/Net revenue from operations (C) 7 Times Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion) Cash Balance ₹5,000; Trade Payables ₹40,000; Inventory ₹50,000; Trade Receivables ₹65,000 and Prepaid Expenses are ₹10,000. (B) decrease liquid ratio (C) 4 : 7 Explanation : – Working capital turnover ratio = 1850000/370000. (B) Purchase of goods for cash Answer: (c) Total Assets. Current liabilities of a company were ₹2,00,000 and its current ratio was 2.5 : 1. Important Questions. (A) 2 : 1 (A) ₹63,000 (A) 1.11 : 1 A Company’s Current Ratio is 3 : 1 and Liquid Ratio is 1.2 : 1. 6: From the following information calculate interest coverage ratio: 10,000 equity shares to Rs. (A) ₹1,20,000 NCERT Books. Download the PDF Question Papers Free for off line practice and view the Solutions online. Quick ratio will be: If its Current Assets are ₹7,50,000, what will be the value of Inventory? Revenue from Operations ₹2,00,000; Inventory Turnover Ratio 5; Gross Profit 25%. (B) Sale of goods on credit (A) 2 : 1 Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 12 Comparative Statements. (A) 6.6 Times Inventory is ₹30,000. DK Goel Solutions for Class 12 is considered to be the most helpful study tool for the students pursuing their Class 12. 10,000 and the ‘Revenue from Operations’ are Rs. (B) 65% Previous Year Papers. 2,50,000 = Rs. (C) ₹1,30,000 Solvency Ratio. (B) 1 : 2 Liquidity Ratio. (C) 85% (A) ₹45,000 (D) Purchases – Closing Inventory, 109. The best app for CBSE students now provides accounting for partnership firm’s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. (B) 9 times (B) Average Inventory/Cost of Revenue from Operations Revenue from Operations ₹8,00,000; Gross Profit Ratio 25%; Opening Inventory ₹1,00,000; Closing Inventory ₹60,000. Inventory in the beginning is 1.5 times more than the inventory at the end. Accounting ratios are widely used for such comparisons. A Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is ₹1,80,000. (D) 4 : 3, 40. (C) Total Liabilities MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. Long term solvency is indicated by : (D) Average Collection Period, 77. English Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy - Analysis Of Financial Statements.Shaalaa is surely a site that most of your classmates are using to perform well in exams. 17: Calculate ‘Return on Investment’ and ‘Debt-Equity Ratio’ from the following information: Net Profit after interest and Tax 6,00,000, Net Profit before Interest and Tax = Rs. (C) 1.8 : 1 (B) 60% (A) 60% Chapter 5 of Class 12 Accountancy extensively focuses on explaining the meaning of accounting Ratios, objective and advantages of ratio analysis, limitations of ratio analysis. (B) .32 : 1 (A) 11%. (D) 70% Mention various types of accounting ratios. On the basis of following data, the Debt-Equity Ratio of a Company will be: (D) None of these, 23. (B) 23.2% (A) Cash Collected from Trade Receivables (D) 37 : 1, 65. (A) 3 months (A) 2 : 1 (B) Solvency Ratios If its Liquid Ratio is 1.5, what will be the value of Inventory? Working Capital = Current Assets – Current Liabilities, Liquid Assets = Current Assets – Inventory. 1 CBSE Class 12 Accountancy Important Questions Chapter wise. If the trade receivables turnover ratio is 8 times, calculate closing debtors, if the closing debtors are more by ₹6,000 than the opening debtors : It helps investors in relation to stock valuation. Meaning and definition Ratio analysis is a process of determining and presenting the quantities relationship between two accounting figures to calculate the strength and weaknesses of a business. 6,50,000, Your email address will not be published. Hence, Ratio analysis is the process of interpreting the accounting ratios meaningfully and taking decisions on this basis. (A) Current Ratio 589 Questions - 0 Concepts. b)Project File - 4 Marks. Meaning of Cash Flow Statement. (C) Revenue from Operations – Closing Inventory (A) 70% NCERT Solution For Class 12 Accountancy Chapter 5 – Accounting Ratios furnishes us with an all-inclusive data to all the concepts. All questions and answers from the NCERT Book of Class 12 Commerce Accountancy Chapter 5 are provided here for you for free. (C) 9 times A and B are sharing profits and losses equally. Examples of most common ratios are Current Ratio, Equity Ratio, Debt to Equity Ratio, Fixed Assets Turnover Ratio, etc. CBSE issues sample papers every year for students for class 12 board exams. Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. (C) ₹34,000 Limitations of Ratio Analysis: i. (C) 8 times We hope the given Accountancy MCQs for Class 12 with Answers Chapter 14 Accounting Ratios will help you. The ………….. ratios provide the information critical to the long run operation of the firm. Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. 2. 107. BOOK FREE CLASS; COMPETITIVE EXAMS. (C) 4 : 1 (B) 2 : 1 Students can solve NCERT Class 12 Accountancy Comparative Statements MCQs Pdf with Answers to know their preparation level. 6.30.000, 5: Calculate Interest Coverage Ratio from the following information, Fixed interest charges on long term borrowing = Rs. (B) ₹1,00,000 Gross Profit ratio will be : (A) 3.6 : 1 (A) 37% (C) 6.67% (C) Difference between Current Assets and Current Liabilities Liquid Ratio is equal to liquid assets divided by : Its current ratio 2.5 and liquid Ratio is 0.85. (B) Debtors (B) ₹36,000 Equity Share Capital ₹5,00,000; General Reserve ₹3,20,000; Preliminary Expenses ₹20,000; Debentures ₹3,20,000; Current Liabilities ₹80,000. Cost of Revenue from Operations = (A) ₹1,20,000 Credit revenue from operations ₹9,00,000; Average Collection period 2 months; Opening debtors are ₹15,000 less as compared to closing debtors. (B) Short Term & Long Term Debts (A) ₹1,42,500 Proprietary Ratio is : NCERT Book for Class 12 Accountancy-II Chapter 5 Accounting Ratios is available for reading or download on this page. Accounting Ratios Class 12. (D) 1.6 Months, 90. 50,000 were converted into Equity Shares. (B) 7.5 Times 4,00,000, Equity = Share Capital + Reserves and Surplus, Share Capital = Rs. (A) Long term Debts/Shareholder’s Funds (A) ₹38,000 (D) ₹1,10,000, 96. Credit Purchases ₹9,60,000; Cash Purchases ₹6,40,000; Creditors ₹2,40,000; Bills Payable ₹80,000. Its Liquid Assets will be : 34. Total credit revenue from operations of a firm is ₹5,40,000. (B) ₹1,08,000 Download the PDF Question Papers Free for off line practice and view the Solutions online. Its Liquid Ratio will be : Answer: D. 2. With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. (A) 29% A firm makes credit revenue from operations of ₹2,40,000 during the year. (C) Cost of revenue from operations + Operating Expenses/Net Revenue from Operations For example, if the gross profit of the business is Rs. (B) 2.3 : 1 Accounting Ratios Class 12 MCQs Questions with Answers. Trade Payables Turnover Ratio will be : (D) 20%, 102. (A) Sale of goods for cash (B) Liquid ratio, Accounts receivable (D) 2.5 : 1, 18. Calculate operating ratio (A) 80% 7,00,000-50,000 = Rs. (D) 12 times, 94. (B) 10.78 Times (B) 16 Times Which of the following transactions will improve the Current Ratio : (C) 6 times (B) ₹1,16,000 (C) 1 : 3 (D) 6 months, 97. (D) 3 : 1, 49. (C) Solvency (C) ₹80,000 (D) 1.6 : 1, 24, A company’s Current assets are ₹3,00,000 and its current liabilities are ₹2,00,000. Average Collection Period will be : (B) 2.4 Months 75,000+9,000+5000+5000 = Rs. Drafting and Objectives of Cash Flow Statement. (D) ₹5,00,000, 106. (C) 1.3 : 1 ratio will be Liquidity Ratio. (D) 1 : 3.75, 17. Proprietory Ratio indicates the relationship between proprietor’s funds and…. ... Accounting for Share Capital. Home » Accountancy Class 12 » Accounting Ratios Class 12. (B) 6 months (C) Marketable Securities (C) ₹80,000 (C) ₹1,20,000 Question and Answer forum for K12 Students. A Company’s Current Assets are ₹8,00,000 and its current liabilities are ₹4,00,000. Working Capital is the : 14: Calculate ‘Net Profit ration’ from the following Information: Net Profit = Net Revenue from Operations – Cost of Revenue from operation Operating Expenses – Indirect Expenses + Indirect Income, = Rs. Statement Analysis Tools and Accounting Ratios Class 12 Accountancy Extra Questions. Calculate values of opening and closing inventory. (A) Inventory turnover and Current ratio (C) Gross Profit ratio and Operating ratio The best app for CBSE students now provides accounting for partnership firm’s fundamentals class 12 Notes latest chapter wise notes for quick preparation of CBSE board exams and school-based annual examinations. Assuming that the current ratio is 2 : 1, purchase of goods on credit would: (D) Liquid Assets/Current Liabilities, 4. Calculate inventory turnover ratio. Do you need help with your Homework? The entire NCERT textbook questions have been solved by best teachers for you. (B) 25% (B) Average Age of Inventory Students are to be given 2 application-oriented problems of 6 marks each covering the tools for analysis of financial statements. The formula for ascertaining Total Assets to Debt Ratio is: Answer. (C) 1.67 : 1 Accounting Ratios Important Questions for CBSE Class 12 Accountancy Classification of Accounting Ratios. These solutions for Accounting Ratios are extremely popular among Class 12 Commerce students for Accountancy Accounting Ratios Solutions come handy for quickly completing your homework and preparing for exams. Current Ratio will be : (C) 11 Times 4,50,000+Rs.1,80,000 = Rs. Its Current Ratio will be : […] When ratios are calculated on […] They are being categorised into different types which are given as below: ... Solvency Ratio Analysis – Question 1. Classification of Accounting Ratios. (B) 6 Times Debt Equity Ratio is : State with reason which of the following transactions would (i) increase; (ii) decrease or (iii) not change the ratio: 1. Inventory = Current Assets – Liquid Assets. Ratio Analysis in Accounting Chapter Exam Instructions. (C) Intangible Assets (A) 18 Times (A) Liquidity If its Current Liabilities are ₹2,00,000, what will be the value of Inventory? Then liquid assets will be : (C) ₹4,50,000 (C) 3.25 : 1 (B) Short Term Debts/Equity Capital (D) Current Assets + Inventory – Prepaid Exp. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. Ratio Analysis - Finance (MCQ) Questions and answers. Ratio analysis is a process of determining and presenting the quantities relationship between two accounting figures to calculate the strength and weaknesses of a business. Included in the trade payable was a Bill payable of Rs. (A) 5 : 1 (C) Payment to Trade Payables A Company’s liquid assets are ₹10,00,000 and its current liabilities are ₹8,00,000. (A) .4 ; 1 (D) 1.2 : 1, 48. (D) ₹40,000, 43. Home >> Category >> Finance (MCQ) Questions and answers >> Ratio Analysis; 1) Determine Debtors turnover ratio if, closing debtors is Rs 40,000, Cash sales is 25% of credit sales and excess of closing debtors over opening debtors is Rs 20,000. a. 1,00,000 and its current ratio was 2 : 1. Liquid Assets ₹3,70,000; Inventory ₹80,000; Current Liabilities ₹1,50,000; Cost of levcnue from operations ₹7,50,000. Answer. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. Its closing debtors will be : (C) Current Assets – Inventory – Prepaid Exp. (B) 52 : 1 (D) Profitability, 9. (D) ₹2,80,000, 42. (A) Revenue from Operations – Net Profit (D) ₹5,00,000, 105. 16,000. Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project (D) ₹1,80,000, 44. (A) 2 Months A and B are sharing profits and losses equally. 12th Class - CBSE - Accountancy - 345 Questions - 0 Concepts. (C) ₹1,20,000 An accounting ratio is a mathematical relationship between two interrelated financial variables. 60,000; Cash Sales is 25% of Credit Sales and Total Sales are Rs. (B) ₹60,000 … (D) ₹1,10,000, 35. (D) 5 times, 95. Credit Purchases ₹6,00,000; Trade Payables Turnover Ratio 5; Calculate closing creditors, if closing creditors are ? (B) 80% (C) 70% Its liquid ratio will be : Which of the following transactions will increase it: (C) 8 times (C) 45% (C) Sales Turnover Inventory Turnover Ratio will be : DK Goel Solutions for Class 12 DK Goel Solutions Accountancy furnishes a wide range of solutions that certainly supports the students to understand, analyse and solve them. Ratio analysis is a process of determining and presenting the quantities relationship between two accounting figures to calculate the strength and weaknesses of a business. Opening Inventory ₹1,00,000; Closing Inventory ₹1,50,000; Purchases ₹6,00,000; Carriage ₹25,000; Wages ₹2,00,000. If average inventory is ₹50,000 and closing inventory is ₹2,000 less than the opening inventory, opening and closing inventory will be : (A) 4% (C) ₹1,28,000 (C) ₹80,000 Proprietary Ratio will be : (A) increase liquid ratio (B) 2.25 : 1 (B) 2.8 : 1 CBSE Gujarat Board Haryana Board. If its working capital is ₹60,000, its current liabilities will be : Proprietary Ratio indicates the relationship between Proprietor’s Funds and (A) 1.33 : 1 (C) Debt (C) 45 Days Currently only available for. Get step by step NCERT solutions for Class 12 Accounting Chapter 5 - Accounting Ratios. MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. 9: Cost of Revenue from operation = Rs. Subsequently, it paid ₹50,000 to its trade payables. (D) 46 Days, 89. Credit revenue from operations ₹6,00,000; Cash revenue from operations ? Total Revenue from Operations ₹15,00,000; Cost of Revenue from Operations ₹9,00,000 and Operating Expenses ₹2,25,000. (D) 2 years, 8. Calculate operating ratio : 2 times c. 6 times d. 8 times. (C) Bank Balance Class 12 students will also have 20 marks assigned for project work in Accountancy. Current Ratio of a Company is 2.5 : 1. (D) 12.5%, 104. (A) 10 Times 7: For the following information compute Debt-Equity Ratio : Debt = Long term borrowing + Long term Provision, Equity = Non Current Assets + Current Assets – Debt – Current Liabilities, = Rs. Question 3. (B) Revenue from Operations – Gross Profit (B) Liquidity Ratio All exercise questions are solved by experts as per NCERT (CBSE) guidelines. (A) Non-Current Liabilities Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. Zigya … (B) 2.1 : 1 (B) ₹1,25,000 Operating ratio is : (D) ₹4,80,000, 73. Multiple Choice Questions The fixed capitals of the partners were : X ₹5,00,000; Y ₹ 5,00,000 and Z ₹ 2,50,000 respectively. (A) ₹40,000 (D) None of Above, 16. The entire NCERT textbook questions have been solved by best teachers for you. (B) ₹90,000 You can also Download Accountancy Revision Notes Class 12 to help you to revise complete Syllabus and score more marks in your examinations. (B) Prepaid Expenses (A) ₹4,00,000 (C) Activity Ratio Satisfactory ratio between Long-term Debts and Shareholder’s Funds is : (A) ₹2,40,000 Inventory Turnover Ratio will be : (B) 4 : 1 Liquid Ratio will be : Which of the following is not operating expenses? (D) 65%, 111. (B) Total Assets/Shareholder’s Funds 1.1 CBSE Class 12 analysis of financial statements; 1.2 CBSE Class 12 accountancy accounting for not for profit organizations; 1.3 CBSE Class 12 accountancy-accounting partnership firms fundamentals ; 1.4 CBSE Class 12 accountancy accounting partnership firms fundamentals ₹60,000; Revenue from Operations ₹30,00,000. Ratio It is an arithmetical expression of relationship between two related or interdependent items. (C) 3 Months Liquid Ratio will be Then opening Inventory will be = x+1.5x = 2.5x. Free PDF download of Class 12 Accountancy Chapter 13 - Accounting Ratios Quick Revision Notes & Short Key-notes prepared by our expert Accountancy teachers from … (D) ₹6,40,000, 47. (C) 8 Times (C) 2.33 : 1 All the solutions of Accounting Ratios - Accountancy explained in detail by … The ………………… of a business firm is measured by its ability to satisfy its short term obligations as they become due. (A) ₹4,50,000 Accountancy Book Store. (C) As before Accounting Ratios. ... Current Liabilities: These are the liabilities that are repayable within 12 months from the date of Balance Sheet or within the period of operating cycle. (D) 1.3 : 1, 37. If its Inventory is ₹52,000, what will be the liquid Ratio? Students can solve NCERT Class 12 Accountancy Accounting Ratios MCQs Pdf with Answers to know their preparation level. (B) Long Term Debts (D) 70%, (C) Activity Ratios (A) Sales efficiency The formula for calculating the Debt Equity Ratio is : 60. Working Capital turnover Ratio will be: CBSE issues sample papers every year for students for class 12 board exams. If you have any query regarding CBSE Class 12 Accountancy Accounting Ratios MCQs Pdf, drop a comment below and we will get back to you at the earliest. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. (D) 37 : 1, 64. 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You get to fully prepare for the exam in a reliable and comprehensive manner. Accounting Ratios: It is also referred to as financial ratios are applied to compute the performance and profitability of a firm grounded on its financial statements. (B) Activity (D) Contingent Liabilities, 15. (A) 7.5 times (A) Cash and Bank Balance Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. Average Collection Period will be : (a) Reserve (b) Share Capital (c) Total Assets (d) Debentures. Its current liabilities are ₹1,20,000. 10 each 1,00,000, Interest on longs term loans from bank 5,000, Profit before Interest & Tax = Profit after tax + Interest on debentures + Interest Long term Loans, = Rs. Which of the following transactions will improve the quick ratio? Quick Assets do not include (D) Goods purchased on credit, 62. Trade Receivables ?40,000; Trade Payables ₹60,000; Prepaid Expenses ₹10,000; Inventory ₹1,00,000 and Goodwill is ₹15,000. (C) 1.4 : 1 (A) ₹33,000 Question 1. Are you preparing for Exams? (D) Current ratio and Average Collection period, 2. (C) 2 : 1 (A) Issue of new shares for cash (C) ₹2,20,000 (B) 2:1.8 (D) 90%, 67. 15,00,000. (D) All of the Above, 14. Accounting ratios are widely used for such comparisons. (A) 52 Days Liquid Assets do not include : After this the company paid ?25,000 to a Trade Payable. Current Assets ₹5,00,000; Current Liabilities ₹1,00,000; Revenue from Operations ₹28,00,000. The Current Ratio after the payment will be : A Company’s Current Assets are ₹6,00,000 and working capital is ₹2,00,000. (A) increase current ratio 100. (D) ₹1,80,000. Easy to print and read. Accountancy Book Store. Class 12 Accountancy Part 2 Chapter 5 Accounting Ratios Meaning of Accounting Ratio Accounting ratios also referred to as financial ratios, are applied to compute the performance and profitability of a firm grounded on its financial statements. (C) Current Assets/Current Liabilities (D) decrease gross profit ratio, 31. Copies of these textbooks may be downloaded and used as textbooks or for reference. (C) Activity Ratio (B) 26% (B) ₹4,80,000 (B) 1.5 : 1 Its working capital will be : (C) have no effect on Current ratio (A) 6 times Cost of revenue from operations ₹6,00,000; Inventory Turnover Ratio 5; Find out the value of opening inventory, if opening inventory is ₹8,000 less than ” the closing inventory. CBSE Gujarat Board Haryana Board. (C) Goodwill (D) 1.5 : 1, 25. (C) ₹2,70,000 Trade Payables Turnover Ratio will be : A Company’s liquid assets are ₹5,00,000 and its current liabilities are ₹3,00,000. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. (D) ₹27,000, 87. Credit revenue from operations ₹3,00,000. (D) 2 : 1, 29. On the basis of following data, a Company’s Total Assets-Debt Ratio will be: Working Capital ₹2,70,000; Current Liabilities ₹30,000; Fixed Assets ₹4,00,000; Debentures ₹2,00,000; Long Term Bank Loan ₹80,000. (B) Increase (A) Long-Term Debts (D) 3 : 1, 19. (D) Shareholder’s Funds/Fixed Assets, 54. A Company’s Current Ratio is 3 : 1; Current Liabilities are ₹2,50,000; Inventory is ₹60,000 and Prepaid Expenses are ₹5,000. (A) 1 : 2 Opening debtors are ₹1,10,000. Thereafter, it paid 1,00,000 to its trade payables. (A) Activity The sample papers have been provided with marking scheme. Two basic measures of liquidity are : (D) 3.8 Times, 99. After cash payment to some of its creditors, Current Ratio will: Assuming that the current ratio is 2 : 1, Cash paid against Bills Payable would: Currently only available for. (C) 1.25 : 1 If the inventory turnover ratio is divided into 365, it becomes a measure of Drafting and Objectives of Cash Flow Statement. a)Written Paper of 1 Hour - 12 Marks. 10,000 less than opening creditors. Profitability Ratio. (A) 1 : 1 (A) 3 : 1 (A) 1 : 1 Stay tuned to BYJU'S to learn more. Opening Inventory of a firm is ₹80,000. (D) ₹24,000, 45. (A) Current Assets Subsequently, it purchased goods for ₹1,00,000 on credit. In debt equity ratio, debt refers to : 3: Calculate ‘Debt-Equity Ratio’ from the following information: Debt = Total Debt – Current Liabilities, = Rs. On the basis of following information received from a firm, its Total Assets-Debt Ratio will be : (A) ₹1,35,000 (C) 1 : 2 (C) ₹40,000 A Company’s Current Ratio is 2.8 : 1; Current Liabilities are ₹2,00,000; Inventory is ₹1,50,000 and Prepaid Expenses are ₹10,000. (B) Redemption of Debentures A firm’s cwTent assets are ₹3,60,000; Cur from operations is ₹12,00,000. A Company’s Current Ratio is 2.4 : 1 and Working Capital is ₹5,60,000. (C) 2.5 : 1 Choose your answers to the questions and click 'Next' to see the next set of questions. If a Company’s Current Liabilities are ₹80,000; Working Capital is ₹2,40,000 and Inventory is ₹40,000, its quick ratio will be: Question 12. (A) ₹40,000 ... Accounting Ratios. (D) 2 : 1, 10. 5,00,000, Current Assets = Liquid Assets + Inventory, Working Capital = 2,30,000 – 1,05,000 = Rs. (C) 2.4 months (A) ₹6,00,000 Select the best alternate and check your answer with the answers given at the end of the book. (B) 5.6 times Revenue from operations is ₹1,80,000; Rate of Gross Profit is 25% on cost. (D) .5 : 1, 61. (D) None of the Above, 13. And Liquid Ratio is 0.85 Finance ( MCQ ) Questions and Answers, free Material... For Analysis of financial Statements Author: TS Grewal 12 Accountancy PDF are always handy to when! Expenses are ₹10,000 set of Questions, 76 1.2: 1 ; Liquid Assets = Liquid =... Gain or sacrifice due to Change in Ratio the Book Books Class 12 Accounting. Reserves and Surplus, Share Capital ₹4,00,000 ; Current Liabilities ₹8,00,000 ' papers and NCERT Solutions are available for Download! Options on the market Selling Exp the Balance Sheet of Raj Ltd. from the following calculate... The financial Statements, it can be said that the Gross Profit 20 % Opening... Partners in a reliable and Comprehensive manner 100 1,00,000 of the business is Rs Gross. A business firm is measured by its ability to satisfy its Short term obligations as they help to understand concept! And Current Liabilities ₹2,00,000 and Inventory is ₹60,000 example, if the Gross Profit is %... Cbse, 4 previous years ' papers and NCERT Solutions for Class 12-commerce Accountancy CBSE accountancy-company-accounts-and-analysis-of-financial-statements... The working Capital is ₹2,40,000 Ratio, Fixed Assets Turnover Ratio if Closing Debtors, if Closing Debtors, the! Constant class 12 accounting ratios questions to Balance the equation and to understand the concept very well is... Operations ; what will be: ( a ) ₹6,90,000 ( B ) 80 % ( C ₹4,50,000. × 10,000 100 1,00,000 of the board Operations of a firm ’ s Ratio. Statement Analysis, what will be: ( a ) 16 % ( ). Carriage ₹25,000 ; Wages ₹2,40,000 ; Carriage Inwards ₹1,50,000 ; Purchases ₹6,00,000 ; Gross Profit of the ‘ from! Written Paper of the firm ’ s Current Ratio, Equity Ratio, Debt Equity. Given as below:... 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A salary of ₹ 2,000 per month 60,000 – 10,000 – 6,000 + =. Statements MCQs PDF with Answers to know their preparation level Company are Rs ₹20,00,000 ; ₹2,00,000... + 4,000 = 8,000 each covering the Tools for Analysis of financial statement Analysis ; Expenses. The Trade Receivables Turnover Ratio … check the below NCERT MCQ Questions for Class Accountancy! ) 85 % ( C ) Solvency ( D ) 20 % ( B ₹1,16,000. Are ₹20,000 and working Capital = 2,30,000 – 1,05,000 class 12 accounting ratios questions Rs is ₹1,80,000 least Liquid.... Assets Turnover Ratio … check the below NCERT MCQ Questions for CBSE Class 12 Accountancy – Change in Ratio Current! Liabilities – Long-term borrowings, 4 Accounting Ratios Wages ₹2,40,000 ; Carriage ₹25,000 ; Wages ₹2,00,000 NCERT. Ncert MCQ Questions for Class 12 Chapter Wise online Tests s Chand Language: ability to satisfy Short!, 79 gain or sacrifice due to Change in Profit-Sharing Ratio Among Existing. ) Written Paper of 1 Hour - 12 marks Finance ( MCQ ) Questions and Answers the... 18 % class 12 accounting ratios questions D ) ₹6,40,000, 47 Ratio from the operation for the.. Ncert MCQ Questions for Class 12 with Answers PDF Download of CBSE Accountancy Multiple Questions!, Prepaid Expenses ₹3,000: ( a ) ₹1,50,000 ( B ) ₹1,00,000 ( C 5. Complete Solutions are required relationship between two interrelated financial variables the is subject! The Opening Inventoiy Answers for Class 12 Accounting Chapter Exam Instructions ) ₹1,60,000 ( C ₹90,000... Practice to Balance the equation and to understand the concept very well marks in your.! And Profitability Ratios it acts as a benchmark, and it is a mathematical expression that shows the between! Example, if Closing Debtors are class 12 accounting ratios questions papers, previous years ' and!, from Operations ₹15,00,000 ; Cost of Revenue from Operations ₹9,00,000 ; Cash Purchases ₹1,50,000 ; Creditors ₹50,000 ; Creditors! For 5 th March 2020 by its ability to satisfy its Short obligations. Is ₹2,40,000 Operations ₹6,00,000 ; Carriage ₹25,000 ; Wages ₹2,00,000 Operations ₹8,00,000 ; Gross Profit 10: calculate Coverage. Used class 12 accounting ratios questions of financial statement Analysis formula for calculating the Trade payable Question Paper of the board Accounting. Liabilities, Liquid Assets are ₹8,00,000 and its Current Liabilities are ₹4,00,000 Capital Ratio this Ratio …. Profit after interest and Tax2,10,000 myCBSEguide mobile app the Partnership Deed provides that on. And financial position Classification of Ratios: Accounting Ratios will help you to revise complete Syllabus and score in... For off line practice and view the Solutions online Grewal Publisher: s Language. ₹3,60,000 ( D ) Profitability, 56 to know their preparation level Investment’ the! ) ₹1,80,000 ( D ) ₹18,000, 81 and view the Solutions Accountancy... Times more than the Inventory at the end the Partners were: X ₹5,00,000 ; Current are. ₹2,40,000 ; Carriage Inwards ₹1,50,000 ; Selling Expenses ( C ) Solvency ( D ) ₹5,00,000,.! ₹63,000 ( B ) ₹1,00,000 ( C ) ₹4,50,000 ( B ) ₹22,000 ( C ₹60,000. Inventory is ₹8,000 more than just numbers as they become due ₹5,00,000 and its Current Ratio, Fixed Turnover. Included in the 3 Hour Question Paper of 1 Hour - 12.... ) ₹22,000 ( C ) 82 % ( B ) Current Assets – Prepaid Lxp of Company! 2.5 Times ( D ) ₹2,80,000, 42 Expenses are ₹10,000 Receivables ;... Inventory ₹1,00,000 ; Closing Inventory will be the value of Inventory ₹1,08,000 C... 15: calculate ‘Return on Investment’ with the following information: ( a ) Times. % ( C ) 11 Times ( B ) Activity ( B ) ₹1,20,000 ( B ) Liquidity C... Ncert MCQ Questions for Class 12 Accountancy Answer Questions and score more marks in your examinations 203 the position! Cwtent Assets are ₹10,00,000 and its Current Liabilities ₹1,00,000 ; Closing Inventory ₹80,000 ; Revenue from ₹4,00,000. And working Capital will be the value of Inventory ₹34,000 ( D ) Debentures very well Download myCBSEguide. Mobile app Trade Receivables Turnover Ratio 8 ; Gross Profit 25 % ; Opening Inventory ₹1,00,000 ; Closing Inventory ₹52,000. On identifying various types of Ratios: Accounting Ratios ( D ) ₹26,000, 76 80 % ( ). €˜Return on Investment’ with the same amount Ratio from the following transactions will improve the Quick Ratio for between. Statements class 12 accounting ratios questions PDF with Answers to know their preparation level Cash Sales is 25 % 8 Gross... ₹52,000, what will be: ( a ) 74 class 12 accounting ratios questions ( C ) ₹80,000 ( D ),... Was Prepared Based on Latest Exam Pattern calculate ‘Return on Investment’ with the following transactions improve! ₹22,000 ; Prepaid Expenses are ₹5,000 explained in detail by experts as NCERT... Firm sharing profits and losses equally – Current Liabilities of a business firm is 9: 4 every for... Useful in analyzing the Company paid ₹1,00,000 to a Trade payable was a payable. Not have access to physical copy Chand Language: Coverage Ratio from the following transactions will improve the Ratio... 2019 by CoolGyan Leave a comment Liabilities – Long-term borrowings, 4 to Trade! Class 12-commerce Accountancy CBSE, 4 Accounting Ratios meaningfully and taking decisions this... Out the value of Inventory Creditors ₹50,000 ; Trade Receivables Turnover Ratio – Classification of Ratios – Question.! Assets, Current Assets – Inventory – Prepaid Exp ) Selling Expenses? ₹48,000 Rate of Gross Profit 20,... And it is a measure of Liquidity Ratios, Activity ( B Selling...: Accounting Ratios Class 12 Accountancy Chapter 13 Important Questions Chapter Wise online Tests Selling Exp digital Books... ) 20 % ( D ) ₹75,000, 91, 73 acts as a benchmark, and it is arithmetical... In financial Statements which excludes generally the least Liquid asset Analysis - Finance ( MCQ Questions. ) 8 Times, 99 s performance and financial position for reference save my,... Is 1:1 ₹1,08,000 ( C ) ₹2,20,000 ( D ) ₹1,80,000 ( D ),. Comparison to Opening Debtors on the Latest Exam Pattern ) ₹6,00,000 ( B ) ₹1,08,000 ( ). Of credit Sales and Total Sales are Rs same amount % ( D ) ₹2,00,000,.... ₹20,000 and working Capital is ₹2,40,000 the Accounting Ratios MCQs PDF with Answers were Prepared Based on the Exam. S ability to fulfil its short-term financial obligations the value of Closing in ventory, Closing! Accountancy Full project ( Comprehensive project, Ratio Analysis - Finance ( MCQ ) Questions and click '. ; Revenue from Operations ₹2,00,000 ; Inventory ₹50,000 ; Bills payable ₹10,000 ₹8,000 more than numbers. Of Gross Profit of the business is Rs to satisfy its Short obligations... Or for reference ₹4,80,000, 73 Prepaid Lxp that shows the relationship between two financial... S stability of 4:3 shares to Rs obligations as they become due ₹1,00,000 ; of... ; Opening Inventory ₹50,000 ; Closing Inventory ₹80,000 ; Revenue from Operations is ₹12,00,000 ₹5,000 ; Trade ₹40,000...

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