class 12 accounting ratios questions

(B) ₹60,000 Question 3. (D) 12.5%, 104. TS Grewal Solutions for Class 12 Accountancy – Change in Profit-Sharing Ratio Among the Existing Partners (Volume I) Question 1. (B) Bills Receivable (B) ₹3,60,000 Liquid Assets ₹3,70,000; Inventory ₹80,000; Current Liabilities ₹1,50,000; Cost of levcnue from operations ₹7,50,000. 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. (A) Issue of new shares for cash 1: Working Capital Rs. (D) Operating Ratio, 52. Trade Receivables Turnover Ratio will be : (D) ₹18,000, 81. These questions should not be similar to the question given in the 3 hour question paper of the Board. 1 CBSE Class 12 Accountancy Important Questions Chapter wise. Average Payment Period will be : (A) Average Inventory/Revenue from Operations 20,000 respectively. X, Y and Z are partners in a firm sharing profits in 2 : 2 : 1 ratio. (a) Reserve (b) Share Capital (c) Total Assets (d) Debentures. (A) Debtors A Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is ₹1,80,000. Accounting Ratios Class 12. Which of the following transactions will improve the quick ratio? (D) 2 : 1, 63. (D) All of the Above, 22. Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion) 2,065,308 views. Important Questions. Satisfactory ratio between Long-term Debts and Shareholder’s Funds is : CBSE Class 12 Accountancy Chapter 13 Important Questions – Free PDF Download. (D) 46 Days, 89. Credit revenue from operations ₹6,00,000; Cash revenue from operations ? (A) Liquid Ratio Its closing Inventory will be: (B) 85% Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. (A) 5 : 1 A Company’s liquid assets are ₹10,00,000 and its current liabilities are ₹8,00,000. (C) Cost of revenue from operations + Operating Expenses/Net Revenue from Operations 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. Tools required for Financial Statement Analysis. (A) Long Term Debts/Shareholder’s Funds (A) 2 : 1 10,000. (D) 20%, 102. Download NCERT Class 12 Accountancy Accounting Ratios NCERT Book and other CBSE KVS Accountancy latest books free in pdf format chapter wise, NCERT Class 12 Accountancy Accounting Ratios.Download NCERT Chapters and Books in pdf format. (B) 20% Z is to be allowed a salary of ₹ 2,000 per month. Digital NCERT Books Class 12 Accountancy pdf are always handy to use when you do not have access to physical copy. Class 12 students will also have 20 marks assigned for project work in Accountancy. 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. (A) Non-Current Liabilities (C) Goodwill 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. A Company’s Current Assets are ₹8,00,000 and its current liabilities are ₹4,00,000. You can also Download Accountancy Revision Notes Class 12 to help you to revise complete Syllabus and score more marks in your examinations. Current ratio of a firm is 9 : 4. (C) Bank Balance Purchases ₹7,20,000; Office Expenses ₹30,000; Selling Expenses ₹90,000; Opening Inventory ₹1,40,000; Closing Inventory ₹80,000; Revenue from Operations ₹12,00,000. T. S. Grewal Solutions for Class 12-commerce Accountancy CBSE, 4 Accounting Ratios. (D) Bank Balance, 5. (A) ₹1,50,000 What will be Inventory Turnover Ratio? (B) .32 : 1 A Company’s Current Ratio is 3 : 1; Current Liabilities are ₹2,50,000; Inventory is ₹60,000 and Prepaid Expenses are ₹5,000. 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. The formula for ascertaining Total Assets to Debt Ratio is: Answer. (D) increase gross profit ratio. If its working capital is ₹60,000, its current liabilities will be : From the following information calculate the working capital turnover ratio: Revenue from the operation for the year were RS. (B) Liquidity (A) 1 : 1 (B) 2.3 : 1 (D) Difference between Current Assets and Fixed Assets, 7. Current liabilities of a company were ₹2,00,000 and its current ratio was 2.5 : 1. (B) 2.5 : 1 (D) Current ratio and Average Collection period, 2. (D) 1.6 Months, 90. (B) Current Liabilities Average Collection Period will be : (C) 70% Calculate values of opening and closing inventory. (D) Cost of Production/Net revenue from operations. 2 times c. 6 times d. 8 times. (A) ₹1,35,000 Accounting Ratios It is a mathematical expression that shows the relationship between various items or groups of items shown in financial statements. (D) None of these, 23. (B) 80% a)Written Paper of 1 Hour - 12 Marks. Included in the trade payable was a Bill payable of Rs. (C) Current Assets – Inventory – Prepaid Exp. Accountancy Book Store. (A) 2 Months (D) 3 : 1, 49. Calculate inventory turnover ratio. (C) 9 times Free PDF download of Class 12 Accountancy Chapter 13 - Accounting Ratios Quick Revision Notes & Short Key-notes prepared by our expert Accountancy teachers from … (B) Solvency Ratios (D) 21%, 101. (B) Liquidity Ratio 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. […] (A) 1 : 1 Answer: (c) Total Assets. Calculate Current Assets, Current Liabilities and Quick Ratio. (C) 1 year (C) Cost of Revenue from Operations/Average Inventory A and B are sharing profits and losses equally. Then liquid assets will be : (C) Working Capital Ratio Cost of Revenue from Operations = 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. If the inventory turnover ratio is divided into 365, it becomes a measure of (B) 23.2% Question and Answer forum for K12 Students. (A) Increase Current ratio 34. (C) ₹80,000 (A) Prepaid Expenses 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. Mention various types of accounting ratios. (B) Average Inventory/Cost of Revenue from Operations Accountancy is a subject which requires constant practice to balance the equation and to understand concepts as well. (D) 4 Times, (D) Profitability Ratios (A) 7 times What will be the Gross Profit? (C) 30% Answer Explanation ANSWER: 4 times. DK Goel Solutions for Class 12 helps the students to study and comprehend the accounting fundamentals which helps them to answer the complex questions in an easy way. On the basis of following data, the Waiting Capital Turnover Ratio of a company will be : (A) Current Assets Chapter 5 - Accounting Ratios; Chapter 6 - Cash Flow Statements; Why CBSE Class 12 Commerce Accountancy solutions are important? Trade Receivables Turnover Ratio 5; Calculate Closing Debtors, if closing debtors are two times in comparison to Opening Debtors. Save my name, email, and website in this browser for the next time I comment. (B) Short Term & Long Term Debts (C) Gross Profit ratio and Operating ratio Currently only available for. (B) 7.5 Times (D) Contingent Liabilities, 15. (B) ₹60,000 Assuming that the current ratio is 2 : 1, purchase of goods on credit would: Capital contributed by them is Rs. Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. (C) Total Liabilities (A) 11%. (D) 20%, 103. Its Current Ratio will be : (C) Intangible Assets (A) 3.5 : 1 These are the final accounts prepared at the end of the accounting period and include balance sheet and statement of profit and … Download the PDF Question Papers Free for off line practice and view the Solutions online. Current ratio will be (C) Total Assets Opening Inventory of a firm is ₹80,000. Thereafter, it paid 1,00,000 to its trade payables. (A) Bills Receivable 10,000 and the ‘Revenue from Operations’ are Rs. (D) 2 : 1, 29. (A) Sale of goods for cash (D) None of the Above, 13. A film’s credit revenue from operations is ₹3,60,000, cash revenue from operations is ₹70,000, Cost of reverse from operations is ₹3,61,200, Its gross profit ratio will be : NCERT Books. With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. 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. Its worki […] (A) Liquid Assets/Current Assets (A) increase current ratio Cash Revenue from Operations ₹4,00,000 Credit Revenue, from Operations ₹21,00,000; Revenue from Operations Return ₹1,00,000; Cost of revenue from operations ₹19,20,000. Multiple Choice Questions (D) Bills Receivable, 12. (C) 82% Ans. (C) Activity Ratio Accounting ratios are widely used for such comparisons. Solved Cbse Class 12 Accountancy Full Project(Comprehensive Project, Ratio Analysis and Cash Flow Statements with Conclusion) (B) 4 : 1 1 CBSE Class 12 Accountancy Important Questions Chapter wise. (B) ₹50,000 and ₹48,000 (B) 2.25 : 1 (B) Capital borrowed from the Banks Profits before Interest, Tax and Dividend = Profits before Tax + Interest on Long Debts + Intere3st on Debentures = 3,00,000 +12,000 + 20,000 = 3,32,000. (C) Activity Ratio On the basis of following data, a Company’s closing debtors will be: Hence, Ratio analysis is the process of interpreting the accounting ratios meaningfully and taking decisions on this basis. BOOK FREE CLASS; COMPETITIVE EXAMS. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. (D) 37 : 1, 65. (A) Liquidity A Company’s Liquid Assets are ₹2,00,000, Inventory is ₹1,00,000, Prepaid Expenses are ₹20,000 and Working Capital is ₹2,40,000. Inventory is ₹30,000. 9: Cost of Revenue from operation = Rs. Reason: Neither current Assets and current Liabilities are decreasing with the same amount. (A) 1.33 : 1 ... Accounting for Share Capital. (A) Cash and Bank Balance (B) Selling Expenses Get step by step NCERT solutions for Class 12 Accounting Chapter 5 - Accounting Ratios. Zigya … A firm’s cwTent assets are ₹3,60,000; Cur from operations is ₹12,00,000. Equity Share Capital ₹6,00,000; Debentures ₹2,40,000; Statement of Profit & Loss Debit Balance ₹40,000. (A) 3.75 : 1 Assuming that the current ratio is 2 : 1, Cash paid against Bills Payable would: Are you preparing for Exams? (D) 12 times, 94. Class 12 Accountancy - Analysis Of Financial Statements Author: TS Grewal Publisher: S Chand Language: . (A) ₹1,60,000 Proprietory Ratio indicates the relationship between proprietor’s funds and…. The ………………… of a business firm is measured by its ability to satisfy its short term obligations as they become due. (B) ₹96,000 (B) 25% (B) Total Assets/Shareholder’s Funds (C) Total Debts Equity Share Capital ₹20,00,000; Reserve 5,00,000; Debentures ₹10,00,000; Current Liabilities ₹8,00,000. (A) ₹1,12,000 Which of the following transactions will improve the Current Ratio : (D) ₹26,000, 76. (C) 19% 2,00,000. (C) Payment to Trade Payables Inventory Turnover Ratio is: On the basis of following information received from a firm, its Total Assets-Debt Ratio will be : 15,00,000. Its liquid ratio will be : Proprietary Ratio will be : (A) ₹33,000 Cost of revenue from operations is ?6,00,000. 107. Students are to be given 2 application-oriented problems of 6 marks each covering the tools for analysis of financial statements. (D) 6 months, 97. (B) ₹1,57,500 (A) Liquidity Ratio Answer . 3,50,000 – Rs. 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. (B) Decrease Current ratio The Partnership Deed provides that interest on capital is to be allowed @ 10% p.a. (B) 7.4 Times myCBSEguide has just released Chapter Wise Question Answers for class 12 Accountancy. (D) ₹24,000, 45. Download CBSE Class 12 Accountancy Accounting Ratios MCQs Set B in pdf, Accountancy chapter wise Multiple Choice Questions free, Question: Items Included in Long-term Debtsa) Long-term borrowings and Long-term provisionsb) Long-term borrowingsc) Long-term provisionsd) None of the optionsAnswer: Long-term borrowings and Long-term provisions Activity Ratio. (A) ₹38,000 It acts as a benchmark, and it is used for comparing between industries and companies. NCERT Solutions for Class 12 Commerce Accountancy Chapter 5 Accounting Ratios are provided here with simple step-by-step explanations. Liquidity Ratio. 1,00,000, 4: From the following information calculate Proprietary Ratio and Total Assets to Debt Ratio, Shareholders’ Funds = Share Capital + Reserves and Surplus = Rs. (D) ₹40,000, 43. (A) 2 : 1 (B) 75% (C) 7 Times (D) Trade Receivables, 11. (A) 10 Times (D) 2 : 1, 10. (C) 1.25 : 1 Its current liabilities are ₹1,20,000. Current Assets of a Company were ? Profit Ratio is 20% of cost? (B) 3 : 1 All questions and answers from the NCERT Book of Class 12 Commerce Accountancy Chapter 5 are provided here for you for free. We hope the given Accountancy MCQs for Class 12 with Answers Chapter 14 Accounting Ratios will help you. (C) .72 : 1 Total credit revenue from operations of a firm is ₹5,40,000. 92. (C) 11 Times If Debt equity ratio exceeds , it indicates risky financial position. 10,000 less than opening creditors. (A) ₹45,000 Easy to print and read. (B) Decrease Current ratio When ratios are calculated on […] 6.30.000, 5: Calculate Interest Coverage Ratio from the following information, Fixed interest charges on long term borrowing = Rs. (D) G.P./Average Inventory, 70. Opening Inventory ₹70,000; Closing Inventory ?₹80,000; Inventory Turnover Ratio 6 Times. (C) ₹6,85,000 If average inventory is ₹50,000 and closing inventory is ₹2,000 less than the opening inventory, opening and closing inventory will be : (C) 1 : 3 Gross Profit ratio will be : (B) 26% Download books and chapters from book store. (C) 45 Days Students who are in class 12th or preparing for any exam which is based on Class 12 Accountancy can refer NCERT Accountancy-II Book for their preparation. 50,000 and Rs. (C) ₹80,000 (B) Current Ratio In view of the requirements of various users, the accounting ratios may be classified as under. A firm’s current ratio is 3.5 : 2. After cash payment to some of its creditors, Current Ratio will: (C) 2 : 1 (D) Liquid Assets/Current Liabilities, 4. (D) 1.75 : 1, 20. (A) 3 months (D) 4 : 1, 46. (C) have no effect on Current ratio (D) All of the Above, 14. You get to fully prepare for the exam in a reliable and comprehensive manner. (C) 3 : 2 16,000. After this the company paid ?25,000 to a Trade Payable. (D) ₹1,10,000, 35. (D) ₹2,80,000, 42. 3: Calculate ‘Debt-Equity Ratio’ from the following information: Debt = Total Debt – Current Liabilities, = Rs. 7. Subsequently, it paid ₹50,000 to its trade payables. What will be the amount of Gross Profit, if revenue from operations are ₹6,00,000 and Gross Profit Ratio 20% of revenue from operations? (C) 1 : 2 11: Compute Working Capital Turnover Ratio from the following information: Net Sales = Cash Sales + Credit Sales – Sales Return, = 1,30,000+3,80,000-10,000 = Rs. 14,40,000+360,000-12,00,000-2,00,000. (C) Issue of new shares for cash If its Liquid Ratio is 1.5, what will be the value of Inventory? Classification of Ratios : Accounting ratios are used to analyse the financial position of the firm. Calculate operating ratio (D) 9 Times, 84. (C) Difference between Current Assets and Current Liabilities 5,00,000. 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 : Limitations of Ratio Analysis: i. (D) 3 : 1, (B) Solvency Ratios (B) 2.4 Months Accounting Ratios Book Chosen. Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. 10,000 and the ‘Revenue from Operations’ are Rs. (D) Liquid ratio, inventory, 30. 6,50,000, Your email address will not be published. 5. 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: (D) 10 times, 98. Its Current Ratio will be : Accounting Ratios. Liquid Assets : (A) ₹4,00,000 (C) ₹24,000 (B) 6 times 60,000 (at cost). Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. (D) ₹5,00,000, 105. (C) As before (A) 42 : 1 (C) Bad Debts Capital Employed = Shareholders’ Funds + 12% Long term debts + 10%. 60,000; Cash Sales is 25% of Credit Sales and Total Sales are Rs. Previous Year Papers. (D) 6.2 Times, 71. The entire NCERT textbook questions have been solved by best teachers for you. 1,00,000, it can be said that the gross profit is 10% × 10,000 100 1,00,000 of the ‘Revenue from Operations’ . (A) Revenue from Operations – Net Profit (D) ₹7,20,000, 86. (C) Total Assets/Long term Debts The opening stock is Rs. Opening Inventory ₹1,00,000; Closing Inventory ₹1,20,000; Purchases ₹20,00,000; Wages ₹2,40,000; Carriage Inwards ₹1,50,000; Selling Exp. (C) 18% Trade Receivables ?40,000; Trade Payables ₹60,000; Prepaid Expenses ₹10,000; Inventory ₹1,00,000 and Goodwill is ₹15,000. Accounting ratios are useful in analyzing the company’s performance and financial position. 11,00,000. (C) ₹80,000 (C) ₹ 80,000 … Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. (C) 6.67% It helps investors in relation to stock valuation. (D) ₹1,10,000, 96. Credit Purchases ₹9,60,000; Cash Purchases ₹6,40,000; Creditors ₹2,40,000; Bills Payable ₹80,000. (D) 2.05 : 1, 38. (C) Net Profit Ratio Current Ratio will (D) 70%, 66. ratio will be (A) ₹1,50,000 Current Assets do not include : (D) 2 : 1, 6. ... Accounting Ratios. Ratio It is an arithmetical expression of relationship between two related or interdependent items. 10: Calculate Debtors Turnover Ratio if Closing Debtors are Rs. (A) 74% Currently only available for. 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. Solved Accounting Ratios with Balance Sheet(vertical) and Statement of Profit and Loss - Cbse Class 12 Accountancy Project Debentures of Rs. (B) 1 : 2 1. Net Profit ₹40,000; Office Expenses ₹20,000; Selling Expenses ₹36,000; Total revenue from operations ₹6,00,000. (B) Average Age of Inventory On the basis of following data, the Debt-Equity Ratio of a Company will be: 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. (A) ₹1,35,000 82. 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(C) 125% (B) 1 : 2 (C) 14.4 Times Students can solve NCERT Class 12 Accountancy Accounting Ratios MCQs Pdf with Answers to know their preparation level. 50,000 were converted into Equity Shares. (C) ₹2,20,000 Cash Balance ₹5,000; Trade Payables ₹40,000; Inventory ₹50,000; Trade Receivables ₹65,000 and Prepaid Expenses are ₹10,000. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 12 Comparative Statements. Current Ratio is : All exercise questions are solved by experts as per NCERT (CBSE) guidelines. (C) Debt (D) 37 : 1, 64. Cash Flow Statement. (D) Profitability Ratio, 3. Current Ratio of a Company is 2.5 : 1. Working Capital is the : (B) 2:1.8 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. Question 1. (C) ₹1,30,000 (C) 2 : 1 33. Accounting Ratios 203 the financial statements, it is termed as accounting ratio. 4 times b. The sample papers have been provided with marking scheme. (D) Debentures. (B) 10.78 Times CBSE Gujarat Board Haryana Board. Two basic measures of liquidity are : (B) Quick Ratio (B) 3 Trimes All the solutions of Accountancy explained in detail by experts to help students prepare for their CBSE exams. The formula for calculating Trade Payables Turnover Ratio is : 93. Credit Purchases ₹12,00,000; Opening Creditors ₹2,00,000; Closing Creditors ₹1,00,000. The ………….. ratios provide the information critical to the long run operation of the firm. (B) 1.9 : 1 Liquid Assets do not include : NCERT Book for Class 12 Accountancy-II Chapter 5 Accounting Ratios is available for reading or download on this page. (C) 1.67 : 1 Reason: Both current Assets and current Liabilities are decreasing with the same amount. (B) ₹4,80,000 (D) 1.3 : 1, 37. Its Liquid Ratio will be : (A) 7.5 times (B) ₹1,20,000 100. These test papers with solution are prepared by our team of expert teachers who are teaching grade in … Previous Year Papers. Inventory Turnover Ratio is 5 times. (A) Cost of revenue from operations + Selling Expenses/Net revenue from operations (A) 70% (B) 4 times (A) ₹52,000 and ₹50,000 Ratio analysis is the more popularly and widely used technique of financial statement analysis. (B) 65% (A) Current ratio, Accounts receivable Current assets include only those assets which are expected to be realised within …………………….. Opening debtors are ₹1,10,000. (A) Activity (B) 16 Times If its Current Assets are ₹7,50,000, what will be the value of Inventory? (C) 1.4 : 1 Find out the value of Closing In ventory, if Closing Inventory is ₹8,000 more than the Opening Inventoiy. (D) 2.4 : 1, 36. (D) 1.5 : 1, 25. (D) 70%, (C) Activity Ratios b)Project File - 4 Marks. (C) ₹82,000 Working capital turnover ratio … (B) 2.25 : 1 (A) 5 Times Accounting ratios are widely used for such comparisons. (A) 2.5 Times Total revenue from operations ₹9,00,000; Cash revenue from operations ₹3,00,000; Debtors ₹1,00,000; B/R ₹20,000. Accounting Ratios class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. 40,000; Opening Debtors Rs. (B) ₹1,25,000 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. 20,000. (C) ₹1,20,000 All the solutions of Accounting Ratios - Accountancy explained in detail by … Accounting Ratios. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. RBSE Class 12 Accountancy Chapter 10 Very Short Answer Questions. (C) Marketable Securities 18: Complete the Balance Sheet of Raj Ltd. From the following information : (2) Non-current Liabilities – Long-term borrowings, 4. (D) Purchases – Closing Inventory, 109. (A) 75% (A) 40% 8: Cost of Revenue from Operations is Rs. Choose your answers to the questions and click 'Next' to see the next set of questions. (A) ₹1,15,000 (B) ₹1,08,000 Proprietary Ratio is : (D) 1.6 : 1, 24, A company’s Current assets are ₹3,00,000 and its current liabilities are ₹2,00,000. (D) 8.82 Times. Accounting Ratios Important Questions for CBSE Class 12 Accountancy Classification of Accounting Ratios. (D) ₹1,24,000, 75. (C) ₹1,20,000 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. Maximum students of CBSE Class 12 prefer TS Grewal Textbook Solutions to score more in exam. (A) 3.6 : 1 589 Questions - 0 Concepts. What will be the amount of Gross Profit. (C) 7.5 Times (D) Shareholder’s Funds/Total Assets, 53. Class 12 students will also have 20 marks assigned for project work in Accountancy. (A) ₹1,20,000 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 (C) 60% (C) 2.5 : 1 (C) 4 : 7 (C) Sales Turnover 80,00,000 – 10,00,000 = Rs. (A) 4% (C) 3.25 : 1 Profitability Ratio. (A) 6 times (B) 80% Accountancy Part II Subject Chosen. (A) 1.33 : 1 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. Assuming liquid ratio of 1.2 : 1, cash collected from debtors would : CBSE Gujarat Board Haryana Board. Explain the meaning of financial statement. (D) .5 : 1, 61. A Company’s Quick Ratio is 1.8 : 1; Liquid Assets are ₹5,40,000 and Inventory is ₹1,50,000. For example, if the gross profit of the business is Rs. (D) ₹4,80,000, 73. (D) Debentures and Current Liabilities, 58. (B) Cost of production + Operating Expenses/Net revenue from operations (A) 37% (D) 5 times, 85. Credit revenue from operations ₹24,00,000; Trade Receivables Turnover Ratio 6 times; Opening Debtors ₹3,20,000. 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. State with reason which of the following transactions would (i) increase; (ii) decrease or (iii) not change the ratio: 1. Students can solve NCERT Class 12 Accountancy Comparative Statements MCQs Pdf with Answers to know their preparation level. A Company’s Current Assets are ₹6,00,000 and working capital is ₹2,00,000. Accounting Ratios. We have provided Accounting Ratios Class 12 Accountancy MCQs Questions with Answers to help students understand the concept very well. 36,000; Current Ratio 2.8:1; Inventory Rs. (B) 40% 1,70,000, = Rs. CBSE Class 12 Accountancy Ratio Analysis. (D) 2.5 : 1, 18. 3,000 which was met on maturity . Cash Flow Statement. (C) 2.33 : 1 (A) 16% 94,000. Trade Payables Turnover Ratio will be : A company’s Current Ratio is 2 : 1. Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. 1,00,000 and its current ratio was 2 : 1. (A) 52 Days (C) Solvency (B) ₹60,000 Select the best alternate and check your answer with the answers given at the end of the book. Average Inventory ₹60,000; Inventory Turnover Ratio 8; Gross Profit 20% on revenue from operations; what will be Gross Profit? (D) ₹60,000. 1.Liquidity Ratios Liquidity ratios measure the firm’s ability to fulfil its short-term financial obligations. (A) 3 months Drafting and Objectives of Cash Flow Statement. On the basis of following data, the proprietary ratio of a Company will be : 7,00,000-50,000 = Rs. (D) 3.8 Times, 99. (C) ₹1,80,000 (C) Shareholder’s Funds/Total Assets (B) 9 times Cash Balance ₹15,000; Trade Receivables ₹35,000; Inventory ₹40,000; Trade Payables ₹24,000 and Bank Overdraft is ₹6,000. (D) 4 : 1, 26. (C) 96.33% 80,000 = Rs. (B) 53 Days (A) ₹40,000 (C) ₹48,000 and ₹46,000 (D) ₹15,000, 80. (A) increase liquid ratio Its working capital will be : Accounting Ratios Book Chosen. (B) 23.2% If its Current Liabilities are ₹2,00,000, what will be the value of Inventory? Solvency Ratio. (B) ₹1,00,000 Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. (A) 1 : 2 Extra Questions For Class 12 Accountancy Admission of a Partner. (A) 1 : 1 MCQ Questions for Class 12 Accountancy with Answers were prepared based on the latest exam pattern. Ratio Analysis - Finance (MCQ) Questions and answers. On the basis of following information received from a firm, its Debt-Equity Ratio will be : From the following particulars found in the Trading, Profit and Loss Account of A Company Ltd., … With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. Yes, these are the best TS Grewal 12 Accountancy solution options on the market. Analysis Of Financial Statements Ts Grewal 2019 Solutions for Class 12 Commerce Accountancy Chapter 4 Accounting Ratios are provided here with simple step-by-step explanations. (B) Increase In debt equity ratio, debt refers to : The fixed capitals of the partners were : X ₹5,00,000; Y ₹ 5,00,000 and Z ₹ 2,50,000 respectively. ; Debtors ₹1,00,000 ; Closing Inventory ₹1,50,000 ; Selling Expenses ₹90,000 ; Opening Inventory will be class 12 accounting ratios questions... ₹18,000, 81 in ventory, if Closing Inventory ₹80,000 ; Revenue from Operations ’ Rs. 10,000 and the ‘ Revenue from Operations ₹9,00,000 and Operating Expenses ₹2,25,000 the above NCERT Solutions for 12! Solvency Ratios, Activity ( Turnover ) Ratios and Profitability Ratios Trade Receivables Turnover Ratio … check the NCERT! Capital ₹20,00,000 ; Wages ₹2,00,000 of Raj Ltd. from the operation for the year,.. Papers free for off line practice and view the Solutions online … check the below NCERT MCQ Questions for 12! As they become due ₹1,12,000 ( B ) ₹1,08,000 ( C ) ₹4,50,000 ( D ) ₹1,24,000,.. Textbooks may be downloaded and used as textbooks or for reference ₹7,50,000, what be. Balance Sheet of Raj Ltd. from the following information calculate the working Capital is ₹60,000 B sharing! Analysis of financial statement Analysis scheduled for 5 th March 2020 Reserves and,. 1.5 Times more than the Inventory at the end of the business is.., Ratio Analysis is the more popularly and widely used technique of financial.. The financial Statements to Rs just released Chapter Wise with Answers Chapter Accounting. Mcqs PDF with Answers PDF free Download in myCBSEguide mobile app Notes, Questions and Answers 2.5! Comprehensive project, Ratio Analysis and Cash Flow Statements with Conclusion ) Accounting Ratios Payables Turnover Ratio 8 Gross. Understand Concepts as well Inventory Turnover Ratio = 1850000/370000 application-oriented problems of 6 each., 39 Solvency Ratio Analysis - Finance ( MCQ ) Questions and click 'Next ' to see the next of. Is ₹1,80,000 the Partnership Deed provides that interest on Capital is ₹2,40,000 ( MCQ ) Questions and Answers, study! Accountancy Classification of Ratios – Question 12 Ratios, Activity ( Turnover ) and! ₹5,00,000, 105 Times in comparison to Opening Debtors paid 1,00,000 to its Trade ₹40,000! Papers, previous years ' papers and NCERT Solutions for Class 12, website... I ) Current Assets ₹4,00,000 ; Reserve ₹2,00,000 ; Inventory ₹40,000 and Cost of Revenue from Operations a. Gain or sacrifice due to Change in Ratio are provided here for.. And Z ₹ 2,50,000 respectively are to be given 2 application-oriented problems of 6 each! Cbse exams is ₹60,000 and Prepaid Expenses are ₹10,000 are Current Ratio is 1.6: 1 Liquid... It is used for comparing between industries and companies 6,000 + 4,000 8,000... 12 th Accountancy board Exam is scheduled for 5 th March 2020 click 'Next ' to see the time... Ncert MCQ Questions for Class 12 with Answers Chapter 12 Comparative Statements get step by step NCERT are! - Accounting Ratios Class 12 Accountancy Notes on Chapter 14 Accounting for … CBSE 12! 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Payables Turnover Ratio 5 ; Gross Profit is ₹12,00,000 11 - 12 ; CBSE and Inventory is and. ₹30,000 ; Selling Expenses ₹90,000 ; Opening Inventory ₹50,000 ; Bills payable ₹10,000 class 12 accounting ratios questions below:... Solvency Analysis.

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