2. Sample Papers
  3. 12th Class
  4. Accountancy

12th Class Accountancy Sample Paper Accountancy - Sample Paper-12

  • question_answer
    Calculate current assets of a company from the following information: Stock Turnover Ratio = 4 times. Stock at the end is Rs. 20,000 more than the stock in the beginning. Sales Rs. 3,00,000 and Gross Profit Ratio is 20% of Sales. Current Liabilities = Rs. 40,000, Quick Ratio = 0.75

    Answer:

    Current assets = Rs. 1,00,000


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