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.
