Practice Activity (turnover) Ratios (1.4.3) - Ratio Analysis - ICSE 12 Accounts
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Activity (Turnover) Ratios

Practice - Activity (Turnover) Ratios

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is the formula for the Inventory Turnover Ratio?

💡 Hint: Remember the key components involved in the calculation.

Question 2 Easy

Define Debtors Turnover Ratio.

💡 Hint: Think about its impact on cash flow.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What is the primary purpose of Activity Ratios?

To measure profitability
To assess efficiency in asset utilization
To evaluate liquidity

💡 Hint: Think about what these ratios measure in the context of a business.

Question 2

True or False: A high Debtors Turnover Ratio suggests a company is collecting its receivables effectively.

True
False

💡 Hint: Recall the impact of the ratio on cash flow.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A company has COGS of ₹600,000 and an average inventory of ₹150,000. Calculate its Inventory Turnover Ratio. What does it indicate?

💡 Hint: Remember, higher ratios typically imply better inventory management.

Challenge 2 Hard

A retailer had annual Net Credit Sales of ₹1,200,000 and Average Trade Debtors of ₹400,000. Calculate the Debtors Turnover Ratio and discuss its implications.

💡 Hint: Reflect on what this means for cash flow and collection effectiveness.

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