CUET Accountancy - On the basis of information given below the closing Inventory will be Opening inventory 20,000 average inventory 40,000 | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 2

Financial Statements

Easy

20,000

40,000

60,000

80,000

✅ Correct Option: 3

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Which of the following is not a profitability ratio?

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To calculate interest coverage ratio; steps followed will be

Net Profit after tax Rs. 60,000; 12% Long-term debt 20,00,000; and Tax rate 40%.

(A) Calculate Net Profit before tax

(B) Divide Net Profit before Interest and Tax by Interest on long-term debt

(D) Calculate Interest on Long-term Debt

Choose the correct answer from the options given below:

CUET Accountancy 2025 15 May Shift 2 PYQs