Following is the statement of profit and loss of Rohan Ltd. Calculate the inventory turnover ratio.
                                  Statement of Profit and Loss
                              for the year ended 31st March 2015

Notes to Accounts

The following information is given.
Cost of goods sold = Rs.2,50,000
Purchases made during the year = Rs.3,00,000
Wages and salary = Rs.25,000
Carriage outward = Rs.5,000
Opening inventory = Rs.15,000
Compute the stock turnover ratio.

A business has a current ratio of 3:1 and a quick ratio of 1.2:1. If the working capital is Rs.1,50,000, calculate total current assets and inventory.

Current liabilities of a company are Rs.3,50,000. Its current ratio is 3 and liquid ratio is 1.75. Calculate the amount of current assets, liquid assets and inventory.

X Ltd has a current ratio of 3:1 and quick ratio of 2: 1. If the excess of current assets over quick assets as represented by stock is Rs.40,000, calculate current assets and current liabilities.

Calculate current ratio if inventories are Rs.6,00,000, liquid assets Rs.24,00,000, quick ratio 2 : 1.

Current liabilities of a company are Rs.1,60,000. Liquid ratio is 1.5:1 and current ratio is 2.5:1. Calculate quick assets and current assets.

The current assets and current liabilities of a firm are Rs.5,00,000 and  Rs.4,00,000 respectively.
Calculate the current ratio if.
(i) It purchased goods worth Rs.1,00,000 on credit.
(ii) It paid Rs.2,00,000 to a creditor.

From the following balance sheet of Aspect Ltd, calculate the current ratio.
                                                Balance Sheet
                                                       as at ...

Calculate the current ratio if working capital Rs.15,000, total liabilities (other than shareholders' funds) Rs.32,500, long-term debt Rs.25,000.