The Operating ratio of a company is 60%. State whether ‘Purchase of goods costing Rs. 20,000’ will increase, decrease or not change the operating ratio. (C.B.S.E. 2019. M.P.) Post category:Accountancy Reading time:1 mins read SOLUTION Purchase of goods will not change the operating ratio. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ 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 PostWhat will be the operating profit ratio, if operating ratio is 88.94%? Next PostThe Debt Equity ratio of a company is 1: 2. State whether ‘Issue of bonus shares’ will increase, decrease or not change the Debt Equity Ratio. (C.B.S.E. 2019, M.P.; 2020 Mumbai. Chennai) You Might Also Like State the basis of calculating the amount of profit payable to the legal representative of a deceased partner in the year of death. (C.B.S.E. 2019) October 8, 2022 Asin and Shreyas are partners in a firm. They admit Ajay as a new partner with 1/5th share in the profits of the firm. Ajay brings Rs. 5,00,000 as his share of capital. The value of the total assets of the firm was Rs. 15,00,000 and outside liabilities were valued at Rs. 5,00,000 on that date. Give necessary Journal entry to record goodwill at the time of Ajay’s admission. Also show your workings August 1, 2022 Calculate Inventory Turnover Ratio from the following information: Opening Inventory is Rs. 50,000; Purchases Rs. 3,90,000; Revenue from Operations, i.e., Net Sales Rs. 6,00,000; Gross Profit Ratio 30%. August 13, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.