129 :- From the following Information, calculate Net Assets Turnover Ratio:
Equity Share Capital Rs 15,00,000; Long term Borrowings Rs 30,00,000; Reserves and Surplus Rs 5,00,000; Non – Current Assets Rs 32,00,000; Revenue from Operations Rs 1,00,00,000.
Solution :-
Capital Employed = Equity Share Capital + Long term Borrowings + Reserves and Surplus
= 15,00,000 + 30,00,000 + 5,00,000
= Rs 50,00,000
Net Assets Turnover Ratio = Revenue from Operations/Capital Employed
= 1,00,00,000/50,00,000
= 2 Times