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Showing posts with the label Accounting Ratio

iPhone 16 Series All Details & Leaks Are Here! AI, New Button, Big Display...

Unlocking the Secrets: iPhone 16 Series Revealed! AI, New Buttons, and Big Displays Unveiled! Are you eagerly awaiting the next big release from Apple? Brace yourself for the iPhone 16 series, where innovation meets anticipation. In this article, we'll delve into all the exciting details and leaks surrounding this highly anticipated release. AI Integration  One of the most buzzed-about features of the iPhone 16 series is its enhanced AI capabilities. With advanced algorithms and machine learning, these phones promise to deliver a smarter, more intuitive user experience. From personalized recommendations to seamless voice commands, get ready to interact with your device like never before. New Button Dynamics Say goodbye to the conventional button layout! The iPhone 16 series is rumored to introduce a new button configuration that enhances functionality and usability. With the addition of an action button, users can expect quicker access to their favorite features and applications, m

Ts grewal practical problems of Accounting Ratio (2023-2024)

  Accounting Ratio  Ts grewal solution   volume-3 (2023-2024):part-2 Page No 4.112: Question 81: From the following information, calculate value of Opening Inventory: Closing Inventory = ` 68,000 Total Sales  = ` 4,80,000 (including Cash Sales  ` 1,20,000) Total Purchases = ` 3,60,000 (including Credit Purchases  ` 2,39,200) Goods are sold at a profit of 25% on cost.  Answer: Let Cost of Goods Sold be = x Gross profit=X×25/100=25X/100   Cost of goods sold = Sales – Gross profit Or X=4,80,000-25X/100 Or X+25X/100=4,80,000 Or 125X/100=4,80,000 X=4,80,000×100/125=3,84,000 Cost of Goods Sold = x =  ` 3,84,000   Cost of Goods Sold = Opening Inventory (Stock) + Purchases − Closing Inventory (Stock) 3,84,000 = Opening Inventory + 3,60,000 − 68,000 Opening Inventory = 3,84,000 − 2,92,000 =  ` 92,000   Page No 4.112: Question 85: Credit Revenue from Operations, i.e., Net Credit Sales for the year 1,20,000 Debtors 12,000 Billls Receivable 8,000 Calculate Trade Receivables Turnover Ratio. Answ