Determine Return on Investment and Net Assets Turnover ratio from the following information: –
Profits after Tax were ₹6,00,000; Tax rate was 40%; 15% Debentures were of ₹20,00,000; 10% Bank Loan was ₹20,00,000; 12% Preference Share Capital ₹30,00,000; Equity Share Capital ₹40,00,000; Reserves and Surplus were ₹10,00,000; Sales ₹3,75,00,000 and Sales Return ₹15,00,000.
Marks-4, CBSE:2022-23/Sample/Q-33*
Answer :