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-   -   To find a balance sheet on the following data given (https://www.askmehelpdesk.com/showthread.php?t=641884)

  • Mar 7, 2012, 10:23 PM
    sayantonidutta
    To find a balance sheet on the following data given
    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

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