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View Full Version : To find a balance sheet on the following data given


sayantonidutta
Mar 7, 2012, 10:23 PM
Stock velocity=6
Capital turnover ratio=2
Fixed assets turnover ratio=4
Gross profit ratio=20
Debts collection period=2 months
Creditors payment period=73 days
Gross profit=60000
Closing stock was Rs 5000 in excess of opening stock