List of top Accountancy Questions on Accounting Ratios asked in CUET (UG)

If Gross Profit is \( ₹80,000 \) and Net Sales are \( ₹4,00,000 \), the Gross Profit Ratio will be:
Calculate Trade Receivables Turnover Ratio from the following data:
  • Total Revenue from Operations: ₹4,00,000
  • Closing Trade Receivables: ₹1,00,000
  • Excess of Closing Trade Receivables over Opening: ₹40,000
  • Cash Revenue = 25% of Credit Revenue
This ratio determines the number of times stock is converted into revenue from operations during the accounting period under consideration.