Give two uses of Ratio Analysis. Post category:Accountancy Reading time:1 mins read SOLUTION (i) Helpful in judging the profitability of the business.(ii) Helpful in judging the liquidity of the business. 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 PostGive two Objectives of Ratio Analysis. Next PostGive one limitation of ratio analysis. You Might Also Like Profit earned by a partnership firm for the year ended 31st March, 2018 were distributed equally between the partners – Pankaj and Anu – without allowing interest on capital. Interest due on capital was Pankaj Rs. 3,000 and Anu – Rs. 1,000. Pass necessary adjustment entry. July 22, 2022 Inventory Turnover Ratio 5 times; Cost of Revenue from Operations (Cost of Goods Sold) Rs. 18,90,000. Calculate Opening Inventory and Closing Inventory if Inventory at the end is 2.5 times more than that in the beginning. August 13, 2022 The Balance Sheet of X, Y and Z who share profits and losses in the ratio of 3 : 2 : 1, as on 1st April, 2019 is as follows: August 2, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Profit earned by a partnership firm for the year ended 31st March, 2018 were distributed equally between the partners – Pankaj and Anu – without allowing interest on capital. Interest due on capital was Pankaj Rs. 3,000 and Anu – Rs. 1,000. Pass necessary adjustment entry. July 22, 2022
Inventory Turnover Ratio 5 times; Cost of Revenue from Operations (Cost of Goods Sold) Rs. 18,90,000. Calculate Opening Inventory and Closing Inventory if Inventory at the end is 2.5 times more than that in the beginning. August 13, 2022
The Balance Sheet of X, Y and Z who share profits and losses in the ratio of 3 : 2 : 1, as on 1st April, 2019 is as follows: August 2, 2022