What will be the Operating Profit Ratio, if Operating Ratio is 82.59%? Post category:Accountancy Reading time:1 mins read SOLUTION Operating Ratio = 82.59%Operating Ratio + Operating Profit Ratio = 100%Operating Profit Ratio = 100% − 82.59%= 17.41% Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostCalculate Operating Profit Ratio from the Following: Next PostCalculate Operating Profit Ratio, in each of the following alternative cases: Case 1: Revenue from Operations (Net Sales) Rs. 10,00,000; Operating Profit Rs. 1,50,000. Case 2: Revenue from Operations (Net Sales) Rs. 6,00,000; Operating Cost Rs. 5,10,000. Case 4: Revenue from Operations (Net Sales) Rs. 3,60,000; Gross Profit 20% on Sales; Operating Expenses Rs. 18,000. Case 4: Revenue from Operations (Net Sales) Rs. 4,50,000; Cost of Revenue from Operations Rs. 3,60,000; Operating Expenses Rs. 22,500. Case 5: Cost of Goods Sold, i.e., Cost of Revenue from Operations Rs. 8,00,000; Gross Profit 20% on Sales; Operating Expenses Rs. 50,000. You Might Also Like Land and Building (book value) Rs. 1,60,000 sold for Rs. 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm. July 25, 2022 Iron Products Ltd. issued 5,000; 9% Debentures of Rs. 100 each at a premium of Rs. 40 payable as follows; (i) Rs. 40, including premium of Rs. 10 on applications; (ii) Rs. 45, including premium of Rs. 15 on allotment; and (iii) Balance as first and final call. The issue was subscribed and allotment made. Calls were made and due amount was received. Pass Journal entries. July 16, 2022 Record necessary Journal entries in the following cases: (a) Creditors worth Rs. 85,000 accepted Rs. 40,000 as cash and Investment worth Rs. 43,000, in full settlement of their claim. (b) Creditors were Rs. 16,000. They accepted Machinery valued at Rs. 18,000 in settlement of their claim. (c) Creditors were Rs. 90,000. They accepted Building valued at Rs. 1,20,000 and paid cash to the firm Rs. 30,000. July 25, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Land and Building (book value) Rs. 1,60,000 sold for Rs. 3,00,000 through a broker who charged 2% commission on the deal. Journalise the transaction, at the time of dissolution of the firm. July 25, 2022
Iron Products Ltd. issued 5,000; 9% Debentures of Rs. 100 each at a premium of Rs. 40 payable as follows; (i) Rs. 40, including premium of Rs. 10 on applications; (ii) Rs. 45, including premium of Rs. 15 on allotment; and (iii) Balance as first and final call. The issue was subscribed and allotment made. Calls were made and due amount was received. Pass Journal entries. July 16, 2022
Record necessary Journal entries in the following cases: (a) Creditors worth Rs. 85,000 accepted Rs. 40,000 as cash and Investment worth Rs. 43,000, in full settlement of their claim. (b) Creditors were Rs. 16,000. They accepted Machinery valued at Rs. 18,000 in settlement of their claim. (c) Creditors were Rs. 90,000. They accepted Building valued at Rs. 1,20,000 and paid cash to the firm Rs. 30,000. July 25, 2022