Activity Ratio. Hence, Ratio analysis is the process of interpreting the accounting ratios meaningfully and taking decisions on this basis. (C) 60% Current ratio will be Students are to be given 2 application-oriented problems of 6 marks each covering the tools for analysis of financial statements. (B) Short Term Debts/Equity Capital 1,00,000, it can be said that the gross profit is 10% × 10,000 100 1,00,000 of the ‘Revenue from Operations’ . (B) Prepaid Expenses (C) 1 : 2 (D) 12.5 Times, 72. (D) ₹40,000, 43. (A) 1.11 : 1 (B) 6 times (D) 12 times, 94. CBSE Class 12 Accountancy Ratio Analysis. (B) 3 : 1 Accounting Ratios class 12 Notes Accountancy in PDF are available for free download in myCBSEguide mobile app. (B) Liquid Assets Solvency Ratio. (D) 2 : 1, 63. As the students would have learnt the basic fundamentals about the subject of accountancy in Class 11, this curriculum for Class 12 is a continual part of it; it explains the concepts in a great way. A and B are sharing profits and losses equally. Class 12 Accountancy notes on chapter 14 accounting for … (D) Credit purchase of Goods, 21. (A) ₹6,00,000 (D) 8 Times, 79. (B) ₹22,000 (A) Solvency Ratio 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. (C) Current Assets/Current Liabilities Inventory Turnover Ratio will be : 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. Easy to print and read. 17: Calculate âReturn on Investmentâ and âDebt-Equity Ratioâ from the following information: Net Profit after interest and Tax 6,00,000, Net Profit before Interest and Tax = Rs. 16 : The Quick ratio of X Ltd. Is 1:1. (C) Solvency Accounting ratios are useful in analyzing the company’s performance and financial position. (C) ₹1,20,000 6.30.000, 5: Calculate Interest Coverage Ratio from the following information, Fixed interest charges on long term borrowing = Rs. (A) 5 : 1 6,50,000, Your email address will not be published. 1,00,000, it can be said that the gross profit is 10% × 10,000 100 1,00,000 of the ‘Revenue from Operations’ . NCERT Solutions for Class 12 Commerce Accountancy Chapter 5 Accounting Ratios are provided here with simple step-by-step explanations. 107. (D) 10 times, 98. On the basis of following data, a Company’s Gross Profit Ratio will be : 4,50,000+Rs.1,80,000 = Rs. (A) 1.75 : 1 (D) Difference between Current Assets and Fixed Assets, 7. Answer . (B) ₹50,000 and ₹48,000 (C) have no effect on Current ratio myCBSEguide has just released Chapter Wise Question Answers for class 12 Accountancy. 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. The ………….. ratios provide the information critical to the long run operation of the firm. Statement Analysis Tools and Accounting Ratios Class 12 Accountancy Extra Questions. On the basis of following information received from a firm, its Total Assets-Debt Ratio will be : […] Inventory Turnover Ratio will be : (A) 16% Class 12 students will also have 20 marks assigned for project work in Accountancy. 6: From the following information calculate interest coverage ratio: 10,000 equity shares to Rs. Its Liquid Ratio will be : (D) 9 Times, 84. (B) 85% Check the below NCERT MCQ Questions for Class 12 Accountancy Chapter 10 Accounting Ratios with Answers Pdf free download. There chapter wise Practice Questions with complete solutions are available for download in myCBSEguide website and mobile app. (C) ₹1,28,000 (A) ₹1,35,000 (D) Shareholder’s Funds/Fixed Assets, 54. (D) None of these, 23. The entire NCERT textbook questions have been solved by best teachers for you. (D) ₹27,000, 87. Credit revenue from operations ₹3,00,000. (B) 6 Times (D) ₹1,24,000, 75. 14: Calculate âNet Profit rationâ from the following Information: Net Profit =Â Net Revenue from Operations â Cost of Revenue from operation Operating Expenses â Indirect Expenses + Indirect Income, = Rs. (C) 8 Times (C) ₹ 80,000 (D) Cost of Production/Net revenue from operations. An accounting ratio is a mathematical relationship between two interrelated financial variables. Your email address will not be published. (D) 20%, 102. (D) Current Assets + Inventory – Prepaid Exp. A firm makes credit revenue from operations of ₹2,40,000 during the year. Drafting and Objectives of Cash Flow Statement. Calculate operating ratio (A) 80% ... Accounting Ratios (D) All of the above. These test papers with solution are prepared by our team of expert teachers who are teaching grade in … Reason:Â Both current Assets and current Liabilities are decreasing with the same amount. CBSE Class 12 th Accountancy Board Exam is scheduled for 5 th March 2020. 100. Limitations of Ratio Analysis: i. Free PDF Download - Best collection of CBSE topper Notes, Important Questions, Sample papers and NCERT Solutions for CBSE Class 12 Accounts Accounting ratios. (B) 3 : 1 2: Current Assets of a company are Rs. Tools required for Financial Statement Analysis. (A) ₹1,12,000 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. (B) 2 : 1 (C) 8 times 11: Compute Working Capital Turnover Ratio from the following information: Net Sales = Cash Sales + Credit Sales â Sales Return, = 1,30,000+3,80,000-10,000 = Rs. The opening stock is Rs. Its current liabilities are ?80,000. (A) .4 ; 1 All questions and answers from the NCERT Book of Class 12 Commerce Accountancy Chapter 5 are provided here for you for free. (B) ₹1,08,000 Current Assets ₹5,00,000; Current Liabilities ₹1,00,000; Revenue from Operations ₹28,00,000. (A) 37% Revenue from operations is ₹1,80,000; Rate of Gross Profit is 25% on cost. 1,00,000, 4:Â From the following information calculate Proprietary Ratio and Total Assets to Debt Ratio, Shareholdersâ Funds = Share Capital + Reserves and Surplus = Rs. Shaalaa provides solutions for TS Grewal Class 12 and has all the answers for the questions given in Class 12 Accountancy ... Accounting Ratios, Cash Flow Statement and the other topics. Question 12. (C) 1.25 : 1 (B) 75% After this the company paid ₹1,00,000 to a trade payable. (A) 3 months Class 12 Accountancy - Analysis Of Financial Statements Author: TS Grewal Publisher: S Chand Language: . (A) increase liquid ratio 1 CBSE Class 12 Accountancy Important Questions Chapter wise. Quick ratio will be: (A) Liquidity Ratios (B) 60% (D) 5 times, 95. Credit Purchases ₹6,00,000; Trade Payables Turnover Ratio 5; Calculate closing creditors, if closing creditors are ? (B) Cost of production + Operating Expenses/Net revenue from operations (C) 3.25 : 1 The formula for ascertaining Total Assets to Debt Ratio is: Answer. Answer. Assuming that the current ratio is 2 : 1, purchase of goods on credit would: (A) 5 Times On the basis of following data, the Waiting Capital Turnover Ratio of a company will be : (A) 2 Months 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. 50,000 were converted into Equity Shares. (D) 70%, (C) Activity Ratios Current assets include only those assets which are expected to be realised within …………………….. Examples of most common ratios are Current Ratio, Equity Ratio, Debt to Equity Ratio, Fixed Assets Turnover Ratio, etc. You will also love the ad-free experience on … (C) Payment to Trade Payables (D) ₹5,00,000, 105. (B) Capital borrowed from the Banks 2,50,000 = Rs. Average Collection Period will be : Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. (C) ₹82,000 (B) ₹36,000 (A) 3 months Z is to be allowed a salary of ₹ 2,000 per month. Which of the following transactions will improve the quick ratio? Capital contributed by them is Rs. (D) 1.6 Months, 90. (B) 9 times (B) 4 : 1 (D) ₹1,80,000, 44. a)Written Paper of 1 Hour - 12 Marks. (B) ₹1,00,000 (D) ₹1,10,000, 96. Credit Purchases ₹9,60,000; Cash Purchases ₹6,40,000; Creditors ₹2,40,000; Bills Payable ₹80,000. 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