Write the meaning of Inventory turnover ratio.
What is liquidity ratio?
What is ratio analysis?
Write two ratios to calculate liquidity.
Find out the net profit margin, if sales of Rs. 5,00,000 and net profit is Rs. 60,000.
Ans: 12%
Find out the quick ratio, if liquid assets of Rs. 1,50,000 and current liabilities is Rs. 1,00,000.
Ans: 1.5 times
What is current ratio?
How do you calculate inventory turnover ratio?
Why current ratio is determined?