What does a low working capital turnover ratio indicates? Post category:Accountancy Reading time:1 mins read SOLUTION A low working capital turnover ratio indicates under-utilisation of working capital. 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 PostWhat will be the impact of increase in Current liabilities on Working Capital turnover ratio? State with reason. Next PostThe gross profit ratio of a company is 50%. Slate with reason whether the decrease in rent received by Rs. 15,000 will increase, decrease or not change the ratio. You Might Also Like From the following particulars, calculate Cash Flow from Investing Activities August 18, 2022 Ashish and Aakash are partners sharing profit in the ratio of 3: 2. Their Capital Accounts showed a credit balance of Rs. 5,00,000 and Rs. 6,00,000 respectively as on 31st March, 2019 after debit of drawings during the year of Rs. 1,50,000 and Rs. 1,00,000 respectively. Net profit for the year ended 31st March, 2019 was Rs. 5,00,000. Interest on capital is to be allowed @ 10% p.a. Pass the Journal entry for interest on capital and prepare Profit and Loss Appropriation Account. July 21, 2022 State any one difference between Fixed Capital Accounts and Fluctuating Capital Accounts of partners. (Al 2014 C) October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Ashish and Aakash are partners sharing profit in the ratio of 3: 2. Their Capital Accounts showed a credit balance of Rs. 5,00,000 and Rs. 6,00,000 respectively as on 31st March, 2019 after debit of drawings during the year of Rs. 1,50,000 and Rs. 1,00,000 respectively. Net profit for the year ended 31st March, 2019 was Rs. 5,00,000. Interest on capital is to be allowed @ 10% p.a. Pass the Journal entry for interest on capital and prepare Profit and Loss Appropriation Account. July 21, 2022
State any one difference between Fixed Capital Accounts and Fluctuating Capital Accounts of partners. (Al 2014 C) October 7, 2022