127 :- Following information is of Raja Ltd. For 2 years. Calculate Fixed Assets Turnover Ratio:
Solution :-
For 2023 – 24
Revenue from Operations = Rs 12,00,000
Fixed Assets (Net) = Rs 3,00,000
Fixed Assets Turnover Ratio = Revenue from Operations/Fixed Assets (Net)
= 12,00,000/3,00,000
= 4 Times
For 2024 – 25
Revenue from Operations = Rs 18,00,000
Fixed Assets (Net) = Rs 6,00,000
Fixed Assets Turnover Ratio = Revenue from Operations/Fixed Assets (Net)
= 18,00,000/6,00,000
= 3 Times