| Other Accounting General Interview Questions |
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(a) Purchase of a goods
(b) Cost of repair
(c) Wages paid for installation of machinery
(d) Rent of a factory
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by Libin kulamuttom
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|The following figures relate to the trading activities of
M/s ABC Traders Ltd for the year ending 31 March 2004.
Particulars Amount (Rs)
Opening stock 76,250
Closing stock 98,500
Sales return 20,000
Selling and Distribution Expenses
Other charges 16,500
Provision for tax 4,000
Non Operating Income
Dividend on shares 9,000
Profit on sales of shares 3,000
Non Operating Expenses
Loss on sale of fixed asset 4,000
You are required to:
(i) Arrange the above figures in a form suitable for analysis.
(ii) Show separately the following ratios.
Net profit ratio
Stock turnover ratio
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