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12th Standard Accountancy English Medium - Ratio Analysis 5 Mark Book Back Question Paper and Answer Key 2022 - 2023 Study Materials Sep-01 , 2022

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12th Standard Accountancy English Medium - Ratio Analysis 5 Mark Book Back Question Paper and Answer Key 2022 - 2023

Ratio Analysis 5 Mark Book Back Question Paper With Answer Key

12th Standard

    Reg.No. :
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Accountancy

Time : 02:00:00 Hrs
Total Marks : 50

    5 Marks

    10 x 5 = 50

  1. From the following Balance Sheet of James Ltd. as on 31.03.2019 calculate
    (i) Debt-equity ratio
    (ii) Proprietary ratio
    (iii) Capital gearing ratio

    Balance Sheet of Sundaram Ltd. as on 31.3.2019
    Particulars Amount
    Rs.
    I. EQUITY AND LIABILITIES  
    1. Shareholders' funds  
    (a) Share capital  
    Equity share capital 2,50,000
    6% Preference share capital 2,00,000
    (b) Reserves and surplus 1,50,000
    2. Non-current liabilities  
    Long-term borrowings (8% Debentures) 3,00,000
    3. Current liabilities  
    Short-term borrowings from banks 2,00,000
    Trade payables 1,00,000
    Total 12,00,000
    II ASSETS  
    1. Non-current assets  
    Fixed assets 8,00,000
    2. Current assets  
    (a) Inventories 1,20,000
    (b) Trade receivables 2,65,000
    (c) Cash and Cash equivalents 10,000
    (d) Other current assets  
    Expenses paid in advance 5,000
    Total 12,00,000

  2. Calculate
    (i) Inventory turnover ratio
    (ii) Trade receivables turnover ratio
    (iii) Trade payables turnover ratio and
    (iv) Fixed assets turnover ratio from the following information obtained from Aruna Ltd.

    Particulars As on 31st March, 2019 Rs. As on 31st March, 2019 Rs.
    Inventory 3,60,000 4,40,000
    Trade receivables 7,40,000 6,60,000
    Trade payables 1,90,000 2,30,000
    Fixed assets 6,00,000 8,00,000

    Additional information:
    (i) Revenue from operations for the year Rs. 35,00,000
    (ii) Purchases for the year Rs. 21,00,000
    (iii) Cost of revenue from operations Rs. 16,00,000.
    Assume that sales and purchases are for credit.

  3. Calculate operating profit ratio under the following cases.
    Case 1: Revenue from operations Rs. 8,00,000, Operating profit Rs. 2,00,000.
    Case 2: Revenue from operations Rs. 20,00,000, Operating cost Rs. 14,00,000.
    Case 3: Revenue from operations Rs. 10,00,000, Gross profit 25% on revenue from operations, Operating expenses Rs. 1,00,000.

  4. From the following statement of profit and loss of Dericston Ltd. calculate
    (i) Gross profit ratio
    (ii) Net profit ratio

    Statement of Profit and Loss
    Particulars Rs.
    I. Revenue from operations 24,00,000
    II. Other Income:  
    Income from investment 70,000
    III. Total revenues (I+II) 24,70,000
    IV. Expenses:  
    Purchases of Stock-in-trade 18,80,000
    Changes in inventories - 80,000
    Employee benefits expense 2,90,000
    Other expenses 1,10,000
    Provision for tax 30,000
    Total expenses 22,30,000
    V. Profit for the year 2,40,000

  5. From the following trading activities of Rovina Ltd. calculate
    (i) Gross profit ratio
    (ii) Net profit ratio
    (iii) Operating cost ratio
    (iv) Operating profit ratio

    Statement of Profit and Loss
    Particulars Rs.
    I. Revenue from operations 4,00,000
    II. Other Income:  
    Income from investments 4,000
    III. Total revenues (I+II) 4,04,000
    IV. Expenses:  
    Purchases of Stock-in-trade 2,10,000
    Changes in inventories 30,000
    Finance costs 24,000
    Other expenses (Administration and selling) 60,000
    Total expenses 3,24,000
    V Profit before tax (III - IV) 80,000

  6. Following is the extract of balance sheet of Abdul Ltd., as on 31st March, 2019:

    Particulars Rs.
    I. EQUITY AND LIABILITIES  
    1. Shareholders' funds  
    (a) Share capital 2,00,000
    (b) Reserves and surplus 50,000
    2. Non-current liabilities  
    Long-term borrowings 1,50,000
    3. Current liabilities  
    (a) Trade payables 1,30,000
    (b) Other current liabilities 5,000
    (c) Short-term provisions 20,000
    Provision for tax 30,000
    Total 5,55,000

    Net profit before interest and tax for the year was Rs. 60,000. Calculate the return on capital employed for the year.

  7. Calculate operating profit ratio under the following cases.
    Case 1: Revenue from operations Rs 10,00,000, Operating profit Rs.1,50,000.
    Case 2: Revenue from operations Rs.15,00,000, Operating cost Rs.12,00,000.
    Case 3: Revenue from operations Rs.20,00,000, Gross profit 30% on revenue from operations, Operating expenses Rs.4,00,000

  8. From the following Balance Sheet of Arunan Ltd. as on 31.03.2019 calculate
    (i) Debt-equity ratio
    (ii) Proprietary ratio and
    (iii) Capital gearing ratio.

    Balance Sheet of Arunan Ltd. as on 31.03.2019
    Particulars Rs.
    I EQUITY AND LIABILITIES  
    1. Shareholders' funds  
      (a) Share capital  
        Equity share capital 1,50,000
        8% Preference share capital 2,00,000
      (b) Reserves and surplus 1,50,000
    2. Non current liabilities  
        Long term borrowings (9% Debentures) 4,00,000
    3. Current liabilities  
        Short-term borrowings from banks 25,000
        Trade payables 75,000
    Total 10,00,000
    II ASSETS  
    1. Non-current assets  
      Fixed assets 7,50,000
    2. Current assets  
      (a) Inventories 1,20,000
      (b) Trade receivables 1,00,000
      (c) Cash and cash equivalents 27,500
      (d) Other current assets  
        Expenses paid in advance 2,500
    Total 10,00,000

  9. Calculate
    (i) Inventory turnover ratio
    (ii) Trade receivable turnover ratio
    (iii) Trade payable turnover ratio and
    (iv) Fixed assets turnover ratio from the following information obtained from Delphi Ltd.

    Particulars As on
    31st March, 2018
    Rs.    		 As on
    31st March, 2019
    Rs.
    Inventory 1,40,000 1,00,000
    Trade receivables 80,000 60,000
    Trade payables 40,000 50,000
    Fixed assets 5,50,000 5,00,000

    Additional information:
    (i) Revenue from operations for the year Rs.10,50,000
    (ii) Purchases for the year Rs.4,50,000
    (iii) Cost of revenue from operations Rs.6,00,000.
    Assume that sales and purchases are for credit.

  10. From the following trading activities of Naveen Ltd. calculate
    (i) Gross profit ratio
    (ii) Net profit ratio
    (iii) Operating cost ratio
    (iv) Operating profit ratio

    Statement of Profit and loss
    Particulars Rs.
    I. Revenue from operations 20,000
    II. Other income:  
        Income from investments 200
    III. Total revenues (I+II) 20,200
    IV. Expenses:  
        Purchases of stock-in-trade 17,000
        Changes in inventories -1,000
        Finance costs 300
        Other expenses (administration and selling) 2,400
    Total expenses 18,700
    V. Profit before tax (III - IV) 1,500

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