CUET Accountancy 2025 26 May Shift 2 PYQs

Given: Revenue from operations = $\text{Rs }4,00,000$, Average Inventory = $\text{Rs }55,000$, and Gross Profit Ratio = $10\%$. Calculate the Inventory Turnover Ratio.

Arrange the following steps in the correct logical sequence to prepare Comparative Financial Statements:(A) List the absolute financial figures in rupees for both points of time.(B) Prepare the required statement format with columns.(C) Find the change in absolute figures by subtracting the base year from the current year, indicating the change as an increase or decrease.(D) Calculate the percentage change using the base year as the benchmark.Choose the correct answer from the options given below:

Which of the following cash transactions is NOT classified as an operating activity in a Cash Flow Statement?

Match List-I with List-II regarding the modes of dissolution of a partnership firm:List-IList-II(A) Dissolution of firm by agreement(I) When a partner becomes insane(B) Compulsory dissolution of firm(II) With the consent of all partners(C) Dissolution of firm by notice(III) When business of a firm becomes illegal(D) Dissolution of firm by Court(IV) At the request of any one partnerChoose the correct answer from the options given below:

The ________ ratios are primarily designed to measure the operational returns and financial yield performance of an enterprise.