YEAR | 2020 | 2019 | 2018 |
AMOUNT | (IN Rs.) | (IN Rs.) | (IN Rs.) |
Outstanding Expenses | 50,000 | 40,000 | 25,000 |
Prepaid Expenses | 3,00,000 | 2,50,000 | 3,50,000 |
Trade Payables | 18,00,000 | 16,00,000 | 14,00,000 |
Inventory | 12,00,000 | 10,00,000 | 11,00,000 |
Trade Receivables | 11,00,000 | 8,00,000 | 10,00,000 |
Cash in hand | 17,00,000 | 12,00,000 | 15.00,000 |
Revenue from operations | 24,00,000 | 18,00,000 | 20,00,000 |
Gross Profit Ratio | 12% | 15% | 18% |
A) 2:1
B) 1.8:1
C) 2.32:1
D) 2.4:1
Correct Answer: C
Solution :
2.32:1You need to login to perform this action.
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