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    sayantonidutta Posts: 1, Reputation: 1
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    Mar 7, 2012, 10:23 PM
    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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