Answer any three of the following questions:
(i) Calculate Debt to Total Assets Ratio of Moonlight Ltd. (up-to two decimal places) from the following information:
(ii) Calculate Trade Payables Turnover Ratio (up-to two decimal places) from the following information:
(iii) Calculate Quick Ratio (up-to two decimal places) from the following information:
(iv) In the year 2021-22, Kartik Ltd.:
• Carried an average stock of ₹ 40,000.
• Its Inventory Turnover Ratio was 8 times.
• It sold goods at a profit of 25% on the cost of revenue from operations.
Calculate the profit made by Kartik Ltd. in the year 2021-22.
Solution
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