{"id":27598,"date":"2020-12-31T05:54:35","date_gmt":"2020-12-31T05:54:35","guid":{"rendered":"https:\/\/tnboardsolutions.com\/?p=27598"},"modified":"2021-07-08T01:56:50","modified_gmt":"2021-07-08T07:26:50","slug":"samacheer-kalvi-12th-accountancy-guide-chapter-9","status":"publish","type":"post","link":"https:\/\/tnboardsolutions.com\/samacheer-kalvi-12th-accountancy-guide-chapter-9\/","title":{"rendered":"Samacheer Kalvi 12th Accountancy Guide Chapter 9 Ratio Analysis"},"content":{"rendered":"

Tamilnadu State Board New Syllabus Samacheer Kalvi 12th Accountancy Guide<\/a> Pdf Chapter 9 Ratio Analysis Text Book Back Questions and Answers, Notes.<\/p>\n

Tamilnadu Samacheer Kalvi 12th Accountancy Solutions Chapter 9 Ratio Analysis<\/h2>\n

12th Accountancy Guide Ratio Analysis Text Book Back Questions and Answers<\/h3>\n

I Multiple Choice Questions<\/span><\/p>\n

Choose the correct answer<\/span><\/p>\n

Question 1.
\nThe mathematical expression that provides a measure of the relationship between two figures is called
\n(a) Conclusion
\n(b) Ratio
\n(c) Model
\n(d) Decision
\nAnswer:
\n(b) Ratio<\/p>\n

Question 2.
\nCurrent ratio indicates
\n(a) Ability to meet short term obligations
\n(b) Efficiency of management
\n(c) Profitability
\n(d) Long term solvency
\nAnswer:
\n(a) Ability to meet short term obligations<\/p>\n

\"<\/p>\n

Question 3.
\nCurrent assets excluding inventory and prepaid expenses is called
\n(a) Reserves
\n(b) Tangible assets
\n(c) Funds
\n(d) Quick assets
\nAnswer:
\n(d) Quick assets<\/p>\n

Question 4.
\nDebt equity ratio is measure of
\n(a) Short term solvency
\n(b) Long term solvency
\n(c) Profitability
\n(d) Efficiency
\nAnswer:
\n(b) Long term solvency<\/p>\n

\"<\/p>\n

Question 5.
\nWhich of the following is not a tool of financial statement analysis?
\n\"Samacheer
\nAnswer:
\n(a) (i) – 1,(ii) – 4,(iii) – 3,(iv) – 2<\/p>\n

Question 6.
\nTo test the liquidity of a concern, which of the following ratios are useful?
\n(i) Quick ratio
\n(ii) Net Profit ratio
\n(iii) Debt – equity ratio
\n(d) Current ratio
\nSelect the correct answer using the codes given below:
\n(a) (i) and (ii)
\n(b) (i) and (iv)
\n(c) (ii) and (iii)
\n(d) (ii) and iv)
\nAnswer:
\n(b) (i) and (iv)<\/p>\n

\"<\/p>\n

Question 7.
\nProportion of share holders’ funds to total assets is called
\n(a) Proprietary ratio
\n(b) Capital gearing ratio
\n(c) Debt equity ratio
\n(d) Current ratio
\nAnswer:
\n(a) Proprietary ratio<\/p>\n

Question 8.
\nWhich one of the following is not correctly matched?
\n(a) Liquid ratio – Proportion
\n(b) Gross profit ratio – Percentage
\n(c) Fixed assets turnover ratio – Percentage
\n(d) Debt – equity ratio – Proportion
\nAnswer:
\n(c) Fixed assets turnover ratio – Percentage<\/p>\n

Question 9.
\nCurrent liabilities \u20b9 40,000; Current assets \u20b9 1,00,000; Inventory \u20b9 20,000. Quick ratio is
\n(a) 1:1
\n(b) 2,5:1
\n(c) 2:1
\n(d) 1:2
\nHint:
\nQuick ratio or Liquid ratio = \\(\\frac{\\text { Liquid Assets }}{\\text { Current liabilities }}\\)
\nLiquid assets = Current Assets – Inventory
\n= 1,00,000 – 20,000
\n= 80,000
\n= \\(\\frac{80,000}{40,000}\\)
\n= 2:1
\n= 110%
\nAnswer:
\n(c) 2:1<\/p>\n

\"<\/p>\n

Question 10.
\nCost of revenue from operation 3,00,000; Inventory at the beginning of the year 60,000; Inventory at the close of the year\u2019 40,000. Inventory turnover ratio is.
\n(a) 2 times
\n(b) 3 times
\n(c) 6 times
\n(d) 8 times
\nHint:
\n\"Samacheer
\nAnswer:
\n(c) 6 times<\/p>\n

II Very Short Answer Questions<\/span><\/p>\n

Question 1.
\nWhat is meant by accounting ratios?
\nAnswer:
\nThe ratio is a mathematical expression of the relationship between two related or interdependent items. It is the numerical or quantitative relationship between two items. It is calculated by dividing one item by the other related item. When ratios are calculated on the basis of accounting information, these are called \u2018accounting ratios\u2019.<\/p>\n

Question 2.
\nWhat is the quick ratio?
\nAnswer:
\nThe quick ratio gives the proportion of quick assets to current liabilities. It indicates whether the business concern is in a position to pay its current liabilities and when they become due, out of its quick assets.<\/p>\n

Question 3.
\nWhat is meant by debt-equity ratio?
\nAnswer:
\nIt is calculated to assess the long-term solvency position of a business concern. The debt equity ratio expresses the relationship between long term debt and shareholder\u2019s funds.
\nDebt equity ratio = \\(\\frac{\\text { Long term debt }}{\\text { Shareholders funds }}\\)
\nCapital employed = Shareholder\u2019s funds + Noncurrent liabilities
\nGreater the return on investment better is than the profitability of a business and vice versa.<\/p>\n

\"<\/p>\n

Question 4.
\nWhat does the return on investment ratio indicate?
\nAnswer:
\nReturn on investment shows the proportion of net profit before interest and tax to capital employed (shareholders’ funds and long term debts). This ratio measures how efficiently the capital employed is used in the business. It is an overall measure of the profitability of a business concern.<\/p>\n

Question 5.
\nStatement any two limitations of ratio analysis.
\nAnswer:
\nRatios are only means: Ratios are not ended in themselves but they are only means to achieve a particular purpose. Analysis of related items must be done by the management or experts with the help of ratios. Change in price level: Ratio analysis may not reflect price level changes and current values as they are calculated based on historical data given in the financial statement.<\/p>\n

\"<\/p>\n

III Short Answer Questions<\/span><\/p>\n

Question 1.
\nExplain the objectives of ratio analysis.
\nAnswer:
\nFollowing are the objectives of ratio analysis:<\/p>\n

    \n
  • To simplify accounting figures<\/li>\n
  • To facilitate analysis of financial statements<\/li>\n
  • To analysis the operational efficiency of a business<\/li>\n
  • To help in budgeting and forecasting<\/li>\n
  • To facilitate intra firm and inter-firm comparison of performance<\/li>\n<\/ul>\n

    Question 2.
    \nWhat is the inventory conversion period? How is it calculated?
    \nAnswer:
    \nThe inventory conversion period is the time taken to sell the inventory. A shorter inventory conversion period indicates more efficiency in the management of inventory. It is computed as follows:
    \n\"Samacheer
    \nQuestion 3.
    \nHow is operating profit ascertained?
    \nAnswer:
    \nOperating profit = Revenue from operations – Operating cost
    \nCost of revenue from operations = Purchases of stock – in – trade + Change in inventories of stock in trade + Direct expenses.
    \nOperating expenses = Administrative expenses + Selling and distribution expenses.
    \nOperating cost = Cost of revenue from operations + Operating expenses.<\/p>\n

    \"<\/p>\n

    Question 4.
    \nState any three advantages of ratio analysis.
    \nAnswer:
    \nFollowing are the advantage of ratio analysis:<\/p>\n

      \n
    • Measuring operational efficiency: Ratio analysis helps to know the operational efficiency of a business by finding the relationship between operating cost and revenues and also by comparison of present ratios with those of the past ratios.<\/li>\n
    • Intra firm comparison: Comparison of the efficiency of different divisions of an organization is possible by comparing the relevant ratios.<\/li>\n
    • Inter-firm comparison: Ratio analysis helps the firm to compare its performance with other firms.<\/li>\n<\/ul>\n

      Question 5.
      \nBring out the limitations of ratio analysis:
      \nAnswer:<\/p>\n

        \n
      • Consistency in preparation of financial statements: Inter firm comparisons with the help of ratio analysis will be meaningful only if the firms follow uniform accounting procedures consistently.<\/li>\n
      • Non-availability of standards or norms: Ratios will be meaningful only if they are compared with accepted standards or norms. Only few financial ratios have universally recognized standards. For other ratios, comparison with standards is not possible.<\/li>\n
      • Change in price level: Ratio analysis may not reflect price level changes and current values as they are calculated based on historical data given in financial statements.<\/li>\n<\/ul>\n

        \"<\/p>\n

        IV Exercises<\/span><\/p>\n

        Liquidity ratios<\/span><\/p>\n

        Question 1.
        \nCalculate the current ratio from the following information.<\/p>\n\n\n\n\n\n\n\n\n
        Particulars<\/td>\n\u20b9<\/td>\nParticulars<\/td>\n\u20b9<\/td>\n<\/tr>\n
        Current investments<\/td>\n40,000<\/td>\nFixed assets<\/td>\n5,00,000<\/td>\n<\/tr>\n
        Inventories<\/td>\n2,00,000<\/td>\nTrade creditors<\/td>\n80,000<\/td>\n<\/tr>\n
        Trade debtors<\/td>\n1,20,000<\/td>\nBills Payable<\/td>\n50,000<\/td>\n<\/tr>\n
        Bills receivable<\/td>\n80,000<\/td>\nExpenses payable<\/td>\n20,000<\/td>\n<\/tr>\n
        Cash and cash equivalents<\/td>\n10,000<\/td>\nNon-Current liability<\/td>\n3,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        Solution:
        \nCurrent ratio = \\(\\frac{\\text { Current Assets }}{\\text { Current liabilities }}\\)
        \nCurrent Assets = Current Investments + Inventories + Trade Dr’s + B\/R+Cash & Cash equivalents
        \n= 40,000 + 2,00,000 + 1,20,000 + 80,000 + 10,000
        \n= Rs. 4,50,000<\/p>\n

        Current Liabilities
        \n= Trade Cr’s + B\/P + Exps. Payable.
        \n= 80,000 + 50,000 + 20,000
        \n= Rs. 1,50,000
        \nCur. Ratio = \\(\\frac{4,50,000}{1,50,000}\\)
        \n= 3:1
        \nAnswer:
        \nCurrent ratio : 3:1<\/p>\n

        Question 2.
        \nCalculate quick ratio: Total current liabilities \u20b9 2,40,000; total current assets \u20b9 4,50,000; Inventories \u20b9 70,000; Prepaid Expenses \u20b9 20,000
        \nSolution:
        \nQuick Ratio = \\(\\frac{\\text { Quick assets }}{\\text { Current liabilities }}\\)
        \nQuick assets = Current Assets – Inventories & Prepaid exps.
        \n= 4,50,000 – (70,000 + 2000)
        \n= Rs.3,60,000
        \nQuick Ratio = \\(\\frac{3,60,000}{2,40,000}\\)
        \n=1:5:1
        \nAnswer:
        \nQuick ration: 1:5:1<\/p>\n

        \"<\/p>\n

        Question 3.
        \nFollowing is the balance sheet of Lakshmi Ltd. as of 31st March 2019.
        \n\"Samacheer
        \nCalculate: (i) Current ratio (ii) Quick ratio
        \nSolution:
        \nCurrent ratio = \\(\\frac{\\text { Current Assets }}{\\text { Current liabilities }}\\)
        \nCurrent Assets = Inventories + Trade Dr’s + Cash & Cash equivalents + Prepaid Exps
        \n= 1,60,000 +3,20,000 + 80,000 + 40,000
        \n= Rs. 6,00,000
        \nCurrent Liabilities = Short term borrowings + Trade Payable + Expenses payable + Short term provisions.
        \n= 50,000 + 3,10,000 + 15,000 + 25,000
        \n= Rs. 4,00,000
        \n\"Samacheer
        \nAnswer:
        \n(i) Current ratio: 1.5:1;
        \n(ii) Quick ratio: 1:1<\/p>\n

        \"<\/p>\n

        Question 4.
        \nFrom the following information calculate debt equity ratio.
        \n\"Samacheer
        \nSolution:
        \nDebt Equity Ratio = \\(\\frac{\\text { Long term debt }}{\\text { Shareholder’s Funds }}\\)
        \nLong term debt = Debenture = Rs. 6,00,000
        \nShareholder\u2019s Fund = Equity share capital + Reserves & Surplus
        \n= 6,00,000 + 2,00,00 = Rs. 8,00,000
        \nDebt Equity Ratio = \\(\\frac{6,00,000}{8,00,000}\\)
        \n= 0.75:1
        \nAnswer:
        \nDebt equity ratio: 0.75:1<\/p>\n

        Question 5.
        \nFrom the following Balance Sheet of Sundaram Ltd. Calculate proprietary ratio:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        Balance Sheet of Sundaram Ltd. as on 31.03.2019<\/td>\n<\/tr>\n
        Particulars<\/td>\nAmount \u20b9<\/td>\n<\/tr>\n
        I Equity and Liabilities<\/td>\n<\/td>\n<\/tr>\n
        1. Shareholders\u2019 Fund<\/td>\n<\/td>\n<\/tr>\n
        a) Share capital<\/td>\n<\/td>\n<\/tr>\n
        (i) Equity share capital<\/td>\n2,50,000<\/td>\n<\/tr>\n
        (ii) Preference share capital<\/td>\n1,50,000<\/td>\n<\/tr>\n
        (b) Reserves and surplus<\/td>\n50,000<\/td>\n<\/tr>\n
        2. Non – Current Liabilities<\/td>\n<\/td>\n<\/tr>\n
        Long term borrowings :<\/td>\n<\/td>\n<\/tr>\n
        3. Current liabilities<\/td>\n<\/td>\n<\/tr>\n
        Trade Payable<\/td>\n1,50,000<\/td>\n<\/tr>\n
        \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Total<\/td>\n6,00,000<\/td>\n<\/tr>\n
        II Assets<\/td>\n<\/td>\n<\/tr>\n
        1. Non-Current assets<\/td>\n<\/td>\n<\/tr>\n
        (a) Fixed Assets<\/td>\n4,60,000<\/td>\n<\/tr>\n
        (b) Non-Current investments<\/td>\n1 ,00,000<\/td>\n<\/tr>\n
        2. Current assets<\/td>\n<\/td>\n<\/tr>\n
        Cash and cash equivalents<\/td>\n40,000<\/td>\n<\/tr>\n
        \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Total<\/td>\n6,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        \"Samacheer
        \nAnswer:
        \nProprietary ratio: 0.75:1<\/p>\n

        \"<\/p>\n

        Question 6.
        \nFrom the following information calculate the capital gearing ratio:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        Balance\u00a0 Sheet (Extract) as on 31.03.2018<\/td>\n<\/tr>\n
        Particulars<\/td>\nAmount \u20b9<\/td>\n<\/tr>\n
        I Equity and Liabilities<\/td>\n<\/td>\n<\/tr>\n
        1. Shareholders Funds<\/td>\n<\/td>\n<\/tr>\n
        (a) Share capital<\/td>\n<\/td>\n<\/tr>\n
        Equity share capital<\/td>\n4,00,000<\/td>\n<\/tr>\n
        5% Preference share capital<\/td>\n1,00,000<\/td>\n<\/tr>\n
        (b) Reserves and surplus<\/td>\n<\/td>\n<\/tr>\n
        General reserve<\/td>\n2,50,000<\/td>\n<\/tr>\n
        Surplus<\/td>\n1,50,000<\/td>\n<\/tr>\n
        2. Non-current Liabilities<\/td>\n<\/td>\n<\/tr>\n
        Long-term borrowings (6% Debentures)<\/td>\n3,00,000<\/td>\n<\/tr>\n
        3. Current liabilities<\/td>\n<\/td>\n<\/tr>\n
        Trade payables<\/td>\n1,20,000<\/td>\n<\/tr>\n
        provision for tax<\/td>\n30,000<\/td>\n<\/tr>\n
        \u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Total<\/td>\n13,50,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        \"Samacheer
        \nAnswer:
        \nCapital gearing ratio: 0.5:1<\/p>\n

        \"<\/p>\n

        Question 7.
        \nFrom the following Balance Sheet of James Ltd. as of 31.03.2019 calculate
        \n(i) Debt- Equity ratio
        \n(ii) Proprietary ratio
        \n(iii) Capital gearing ratio<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
        Balance Sheet (of James Ltd.) as on 31.03.2018<\/td>\n<\/tr>\n
        Particulars<\/td>\nAmount \u20b9<\/td>\n<\/tr>\n
        I Equity and Liabilities<\/td>\n<\/td>\n<\/tr>\n
        1. Shareholders Funds<\/td>\n<\/td>\n<\/tr>\n
        (a) Share capital<\/td>\n<\/td>\n<\/tr>\n
        Equity share capital<\/td>\n2,50,000<\/td>\n<\/tr>\n
        6% Preference share capital<\/td>\n2,00,000<\/td>\n<\/tr>\n
        (b) Reserves and surplus<\/td>\n1,50,000<\/td>\n<\/tr>\n
        2. Current Liabilities<\/td>\n<\/td>\n<\/tr>\n
        Long \u2013term borrowings(8% Debentures)<\/td>\n3,00,000<\/td>\n<\/tr>\n
        3. Non-current Liabilities<\/td>\n<\/td>\n<\/tr>\n
        Short -term borrowings_from banks<\/td>\n2,00,000<\/td>\n<\/tr>\n
        Trade Payables<\/td>\n1,00,000<\/td>\n<\/tr>\n
        \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Total<\/td>\n12,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

        Solution:
        \nDebt Equity Ratio =\u00a0 \\(\\frac{\\text { Long Term Debt }}{\\text { Shareholder’s Fund }}\\)|
        \nShareholder\u2019s Fund
        \nLong term debt = Debentures = Rs. 3,00,000
        \nShareholder\u2019s Fund = Eq. share capital +Pref. Shares capital + Reserves & surplus
        \n= 2,50,000 \u00f7 2,00,000 + 1,50,000
        \n= Rs. 6,00,000
        \n\"Samacheer<\/p>\n

        (3) Capital Gearing ratio<\/p>\n

        = \\(\\frac{\\text { Funds bearing fixed interest (or) Fixed divided }}{\\text { Equity shareholder’s Fund }}\\)
        \nFunds bearing fixed interest (or) fixed dividend
        \n= Pref. Share Cap + Debentures
        \n= 2,00,000 + 3,00,000 = Rs. 5,00,000
        \nEquity share holder\u2019s Fund .
        \n= Equity Share cap + Reserves & Surplus
        \n= 2,50,000 + 1,50,000
        \n= Rs. 4,00,000
        \nCapital gearing ratio = \\(\\frac{5,00,000}{4,00,000}\\)
        \n= 1.25:1<\/p>\n

        Answer:<\/p>\n

          \n
        • Debt-equity ration; 0.5:1;<\/li>\n
        • Proprietary ration; 0.5:1;<\/li>\n
        • Capital gearing ratio:1.25:1<\/li>\n<\/ul>\n

          \"<\/p>\n

          Question 8.
          \nFrom the given information calculate the inventory turnover ratio and inventory conversion period (in months) of Devi Ltd.<\/p>\n\n\n\n\n\n\n\n\n
          Particulars<\/td>\nRs.<\/td>\n<\/tr>\n
          Revenue from operations<\/td>\n12,00,000<\/td>\n<\/tr>\n
          Inventory at the beginning of the year<\/td>\n1,70,000<\/td>\n<\/tr>\n
          Inventory at the end of the year<\/td>\n1,30,000<\/td>\n<\/tr>\n
          Purchase made during the year<\/td>\n6,90,000<\/td>\n<\/tr>\n
          Carriage inwards<\/td>\n20,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

          Solution:
          \nInventory Turnover Ratio = \\(\\frac{\\text { cost of revenue from operations }}{\\text { Average Inventory }}\\)
          \nCost of revenue from operations = Purchase of stock + change in inventories of finished goods operations + Direct Exps.
          \n= Rs. 6,90,000
          \nAverageInventory = \\(\\frac{\\text { Opening Inventory + Closing inventory }}{2}\\)
          \n= \\(\\frac{1,70,000+1,30,000}{2}\\)
          \n= Rs. 1,50,000
          \nChange in inventory = Opening inventory – Closing inventory
          \n= 1,70,000 – 1,30,000
          \n= Rs. 40,000
          \nCost of revenue from operation
          \n= 6,90,000 + 40,000 + 20,000
          \n= Rs. 7,50,000
          \n\"Samacheer
          \nAnswer:
          \nInventory turnover ratio 5times; Inventory conversion period 2.4 months<\/p>\n

          Question 9.
          \nThe credit revenue from operations of Velavan Ltd, amounted to \u20b9 10,00,000. Its debtors and bills receivables at the end of the accounting period amounted to \u20b9 1,10,000 and \u20b9 1,40,000 respectively. Calculate trade receivables turnover ratio and also.collection period in months.
          \nSolution:
          \nTrade receivable Turnover ratio = \\(\\frac{\\text { Credit revenue from Operations }}{\\text { Average trade receivables }}\\)
          \nAverage trade receivables = \\(\\frac{\\text { Opening trade receivables + Closing trade receivables }}{2}\\)
          \nTrade receivable = Trade Drs + B\/R
          \nInventory Turnovers Ratio = \\(\\frac{10,00,000}{2,50,000}\\)
          \n= 4 times
          \nAverage Trade receivable
          \n= 1,10,000 + 1,40,000
          \n= Rs. 2,50,000
          \nDebt collection period = \\(\\frac{\\text { Number of months in a year }}{\\text { Trade receivable turnover ratio }}\\)
          \n= \\(\\frac{12}{4}\\)
          \n= 3 months
          \nAnswer:
          \nTrade receivables turnover ratio: 4 time; Debt collection period: 3 months<\/p>\n

          \"<\/p>\n

          Question 10.
          \nFrom the following figures obtained from Arjun Ltd, calculate the trade payable turnover ratio and credit payment period (in days)<\/p>\n\n\n\n\n\n\n\n\n
          Particulars<\/td>\nRs.<\/td>\n<\/tr>\n
          Credit purchases during 2018 -2019<\/td>\n9,50,000<\/td>\n<\/tr>\n
          Trade creditors as on 01.04.2018<\/td>\n60,000<\/td>\n<\/tr>\n
          Trade creditors as on 3 1.03.2019<\/td>\n50,000<\/td>\n<\/tr>\n
          Bills payable as on 0L04.2018<\/td>\n45,000<\/td>\n<\/tr>\n
          BillS payable as on 3 1.03.2019<\/td>\n35000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

          Solution:
          \n\"Samacheer
          \n\"Samacheer
          \nAnswer:
          \nTrade payable turnover ratio: 10 times; Credit payment period: 36.5 days<\/p>\n

          \"<\/p>\n

          Question 11.
          \nFrom the following information of Geetha Ltd., Calculate fixed assets turnover ratio
          \n(i) Revenue from operations during the year was \u20b9 55,00,000.
          \n(ii) Fixed assets at the end of the year \u20b9 5,00,000
          \nSolution:
          \n\"Samacheer
          \nAnswer:
          \nFixed assets turnover ratio: 11 times<\/p>\n

          Question 12.
          \nCalculate<\/p>\n

            \n
          • Inventory turnover ratio<\/li>\n
          • Trade receivable turnover ratio<\/li>\n
          • Trade payables turnover ratio and<\/li>\n
          • Fixed assets turnover ratio from the following obtained from Aruna Ltd.
            \n\n\n\n\n\n\n\n
            Particulars<\/td>\nAs of 31st March 2018 \u20b9<\/td>\nAs of 31st March 2019 \u20b9<\/td>\n<\/tr>\n
            Inventory<\/td>\n3,60,000<\/td>\n4,40,000<\/td>\n<\/tr>\n
            Trade receivables<\/td>\n7,40,000<\/td>\n6,60,000<\/td>\n<\/tr>\n
            Trade Payable<\/td>\n1,90,000<\/td>\n2,30,000<\/td>\n<\/tr>\n
            Fixed assets<\/td>\n6,00,000<\/td>\n8,00,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

             <\/li>\n<\/ul>\n

            Additional information:<\/p>\n

              \n
            • Revenue from operations for the year \u20b9 35,00,000<\/li>\n
            • Purchases for the year \u20b9 21,00,000<\/li>\n
            • Cost of revenue from operation \u20b9 16,00,000
              \nAssume that sales and purchases are for credit.<\/li>\n<\/ul>\n

              Solution
              \n\"Samacheer
              \n\"Samacheer
              \n\"Samacheer
              \n\"Samacheer
              \nAnswer:<\/p>\n

                \n
              • Inventory turnover ratio; 4 times;<\/li>\n
              • Trade receivable turnover ratio; 5 times;<\/li>\n
              • Trade payables turnover ratio: 10 times;<\/li>\n
              • Fixed assets turnover ratio: 5 times<\/li>\n<\/ul>\n

                \"<\/p>\n

                Question 13.
                \nCalculate gross profit ratio form the following: Revenue from operations \u20b9 2,50,000, Cost of revenue from operation \u20b9 2,10,000 and Purchases \u20b9 1,80,000.
                \nSolution:
                \n\"Samacheer
                \nAnswer:
                \nGross Profit ratio 16%<\/p>\n

                Question 14.
                \nFollowing is the statement of profit and loss of Padma Ltd. for the year ended 31st March, 2018. Calculate the operating cost ratio.
                \n\"Samacheer
                \n\"Samacheer
                \nNotes to Accounts<\/p>\n\n\n\n\n\n\n\n\n
                Particulars<\/td>\nRs.<\/td>\n<\/tr>\n
                I. Other expenses<\/td>\n<\/td>\n<\/tr>\n
                Office and administrative expenses<\/td>\n50,000<\/td>\n<\/tr>\n
                Selling and distribution expenses<\/td>\n90,000<\/td>\n<\/tr>\n
                Loss on sale of furniture<\/td>\n30,000<\/td>\n<\/tr>\n
                <\/td>\n1,70,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                Solution:
                \nOperating cost Ratio = \\(\\frac{\\text { Operating cost }}{\\text { Revenue from operation }}\\) \u00d7 100
                \nOperating cost = Cost of revenue from operations + Operating expenses.
                \nCost of revenue from operations = Purchase + Change in inventory + Direct Expenses
                \n= 8,60,000 + 40,000 + Nil
                \n= Rs. 9,00,000
                \nOperating Exps = Salaries + Office & Administration Exps + Selling+Distribution Exps
                \n= 1,60,000 + 50,000 + 90,000
                \n= Rs. 3,00,000
                \nOperating cost = 9,00,000 + 3,00,000
                \n= Rs, 12,00,000
                \nOperating cost Ratio = \\(\\frac {12,00000}{15,00000}\\) \u00d7 100
                \n= 80%
                \nAnswer:
                \nOperating cost ratio 80%<\/p>\n

                \"<\/p>\n

                Question 15.
                \nCalculate operating profit ratio under the following cases.
                \nCase 1 : Revenue from operations \u20b9 8,00,000 Operating Profit \u20b9 2,00,000.
                \nCase 2 : Revenue from operations \u20b9 20,00,000 Operating Cost \u20b9 14,00,000.
                \nCase 3 : Revenue from operations \u20b9 10,00,000 Gross profit 25% on revenue from operations, operating expenses \u20b9 1,00,000.
                \nSolution:
                \n\"Samacheer
                \n\"Samacheer
                \nAnswer:
                \nOperating profit ratio – Case 1: 25%; Case 2:30%; Case 3:15%<\/p>\n

                Question 16.
                \nFrom the following details of a business, concern calculates net profit ratio.<\/p>\n\n\n\n\n\n\n\n
                Particulars<\/td>\nAmount Rs.<\/td>\n<\/tr>\n
                Revenue from operations<\/td>\n9,60,000<\/td>\n<\/tr>\n
                Cost of revenue from operations<\/td>\n5,50,000<\/td>\n<\/tr>\n
                Office and administrationexpenses<\/td>\n1,45,000<\/td>\n<\/tr>\n
                Selling and distribution expenses<\/td>\n25,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                Solution
                \nNet Profit Ratio = \\(\\frac{\\text { Net Profit }}{\\text { Revenue from operations }}\\)\u00d7 100
                \nGross profit = Revenue from operations – Cost of revenue from operation
                \n= 9,60,000-5,50,000 Rs. 4,10,000
                \nOperating Profit = Gross Profit – Operating Exps
                \nOperating Exps = Office & Administrative Exps + Selling & Distribution Exps
                \n= 1,45,000 + 25,000 = Rs. 1,70,000
                \nOperating Profit = 4,10,000 – 1,70,000
                \nOperating Profit = Rs. 2,40,000
                \nNet Profit ratio = \\(\\frac{2,40,000}{9,60,000}\\)\u00d7 100 = 25%
                \nAnswer :
                \nNet Profit ratio 25%<\/p>\n

                \"<\/p>\n

                Question 17.
                \nFrom the following statement of profit. and loss of Dericston Ltd. Calculate
                \n(i) Gross Profit ratio
                \n(ii) Net Profit ratio.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                Statement of Profit and Loss<\/td>\n\u20b9<\/td>\n<\/tr>\n
                Particulars<\/td>\n<\/td>\n<\/tr>\n
                I. Revenue from operations<\/td>\n24,00,000<\/td>\n<\/tr>\n
                II. Other income:<\/td>\n<\/td>\n<\/tr>\n
                Income from investment<\/td>\n70,000<\/td>\n<\/tr>\n
                III. Total revenues (I+II)<\/td>\n24,70,000<\/td>\n<\/tr>\n
                IV. Expenses:<\/td>\n<\/td>\n<\/tr>\n
                Purchases of stock-in-trade<\/td>\n18,80,000<\/td>\n<\/tr>\n
                Changes in inventories<\/td>\n-80,000<\/td>\n<\/tr>\n
                Employee benefits expense<\/td>\n2,90,000<\/td>\n<\/tr>\n
                Other expenses<\/td>\n1,10,000<\/td>\n<\/tr>\n
                Provision for tax<\/td>\n30,000<\/td>\n<\/tr>\n
                Total expenses<\/td>\n22,30,000<\/td>\n<\/tr>\n
                V. Profit for year<\/td>\n2,40,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                Solution
                \nGross Profit Ratio = \\(\\frac{\\text { Gross Profit }}{\\text { Revenue from operations }}\\)\u00d7100
                \nGross profit = Revenue from operations – Cost of revenue from operation
                \nCost of revenue from operations = Purchase + Change in inventories
                \n= 18,80,000 – 80,000 = Rs. 18,00,000
                \nGross Profit = 24,00,000 – 18,00, 000 = Rs. 6,00,000
                \n\"Samacheer
                \nAnswer :<\/p>\n

                  \n
                • Gross profit ratio of 25%<\/li>\n
                • net Profit ratio 10%<\/li>\n<\/ul>\n

                  \"<\/p>\n

                  Question 18.
                  \nFrom the following trading activities of Jones Ltd. Calculate<\/p>\n

                    \n
                  • Gross profit ratio<\/li>\n
                  • Net Profit ratio<\/li>\n
                  • Operating cost ratio<\/li>\n
                  • Operating profit ratio<\/li>\n<\/ul>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                    Statement of Profit and Loss<\/td>\n<\/tr>\n
                    Particulars<\/td>\nRs.<\/td>\n<\/tr>\n
                    I Revenue from operations<\/td>\n4,00,000<\/td>\n<\/tr>\n
                    II. Other income:<\/td>\n<\/td>\n<\/tr>\n
                    Income from investment<\/td>\n4,000<\/td>\n<\/tr>\n
                    III. Total revenues (I+II)<\/td>\n4,04,000<\/td>\n<\/tr>\n
                    IV. Expenses:<\/td>\n<\/td>\n<\/tr>\n
                    Purchases of stock-in-trade<\/td>\n2,10,000<\/td>\n<\/tr>\n
                    Changes in inventories<\/td>\n30,000<\/td>\n<\/tr>\n
                    Employee benefits expense<\/td>\n24,000<\/td>\n<\/tr>\n
                    Other expenses (Administration and selling)<\/td>\n60,000<\/td>\n<\/tr>\n
                    Total expenses<\/td>\n3,24,000<\/td>\n<\/tr>\n
                    V. Profit for year<\/td>\n80,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                    Solution
                    \n(1) Gross Profit Ratio = \\(\\frac{\\text { Gross Profit }}{\\text { Revenue from operations }}\\)\u00d7 100
                    \ncost of Revenue from operations = Purchase + Change in inventories
                    \n= 2,10,000 + 30,000
                    \n= Rs. 2,40,000
                    \nGross profit = Revenue from operations – cost of revenue from operations
                    \n= 4,00,000 – 2,40,000
                    \n= Rs. 1,60,000
                    \nGross Profit ratio = \\(\\frac{1,60,000}{4,00,000}\\)\u00d7 100 = 40%
                    \n\"Samacheer
                    \n\"Samacheer
                    \nAnswer :<\/p>\n

                      \n
                    • Gross profit ratio 40%<\/li>\n
                    • Net Profit ratio 20%<\/li>\n
                    • Operating cost ratio 75%<\/li>\n
                    • Operating profit ratio 25%<\/li>\n<\/ul>\n

                      \"<\/p>\n

                      Question 19.
                      \nFollowing is the extract of the balance sheet of Abdul Ltd., as of 31st March 2019<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
                      Particulars<\/td>\nRs.<\/td>\n<\/tr>\n
                      I. Equity and Liabilities<\/td>\n<\/td>\n<\/tr>\n
                      1. Shareholders\u2019 Funds<\/td>\n<\/td>\n<\/tr>\n
                      a) Share capital<\/td>\n2,00,000<\/td>\n<\/tr>\n
                      b) Reserves and surplus<\/td>\n50,000<\/td>\n<\/tr>\n
                      2. Non-Current liabilities<\/td>\n<\/td>\n<\/tr>\n
                      Long-term borrowings<\/td>\n1,50,000<\/td>\n<\/tr>\n
                      3. Current liabilities<\/td>\n<\/td>\n<\/tr>\n
                      (a) Trade Payable<\/td>\n1,30,000<\/td>\n<\/tr>\n
                      (b) Reserves and surplus<\/td>\n5,000<\/td>\n<\/tr>\n
                      (c) Short – term provisions<\/td>\n20,000<\/td>\n<\/tr>\n
                      Total<\/td>\n5,55,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

                      Net Profit before interest and tax for the year was \u20b9 60,000. Calculate the return on capital employed for the year.
                      \nSolution:
                      \n\"Samacheer
                      \nAnswer :
                      \nReturn on capital employed: 15%<\/p>\n

                      \"<\/p>\n

                      12th Accountancy Guide Ratio Analysis Additional Important Questions and Answers<\/h3>\n

                      Other Important question & Answers<\/span>
                      \nQuestion 1.
                      \nAll solvency ratios are express in terms of
                      \n(a) Proportion
                      \n(b) Times
                      \n(c) Percentage
                      \nAnswer:
                      \n(b) Times<\/p>\n

                      Question 2.
                      \nAll activity ratios, (or) Turnover ratios in terms of
                      \n(a) Proportion
                      \n(b) Times
                      \n(c) Percentage
                      \nAnswer:
                      \n(b) Times<\/p>\n

                      Question 3.
                      \nAll profitability ratios are expressed in terms of ………………
                      \n(a) Proportion
                      \n(b) Times
                      \n(c) Percentage
                      \nAnswer:
                      \n(c) Percentage<\/p>\n

                      \"<\/p>\n

                      Question 4.
                      \nShareholders funds include
                      \n(a) Equity share capital, preference share capital reserves & Surplus
                      \n(b) Loans from banks & financial institutions.
                      \n(c) Equity share capital, preference share capital, reserves & surplus, and loans from banks & financial institutions.
                      \nAnswer:
                      \n(a) Equity share capital, preference share capital reserves & Surplus<\/p>\n

                      Question 5.
                      \nThe current ratio is a
                      \n(a) Solvency ratio
                      \n(b) Profitability ratio
                      \n(c) Liquidity ratio
                      \nAnswer:
                      \n(a) Solvency ratio<\/p>\n

                      Question 6.
                      \nThe ratio is expressed in ……………… way
                      \n(a) 2
                      \n(b) 4
                      \n(c) 3
                      \nAnswer:
                      \n(c) 3<\/p>\n

                      \"<\/p>\n

                      Question 7.
                      \nThe cost of revenue from the operation is Rs. 4,00,000. Average inventories Rs. 8,00,000 Inventory turnover ratio is
                      \n(a) 5 times
                      \n(b) 4 times
                      \n(c) 7 times
                      \nAnswer:
                      \n(a) 5 times<\/p>\n

                      Question 8.
                      \nThe operating ratio is equal to
                      \n(a) 100-operating profit ratio
                      \n(b) 100 +operating profit ratio
                      \n(c) Operating profit ratio
                      \nAnswer:
                      \n(a) 100-operating profit ratio<\/p>\n

                      Question 9.
                      \nOperating expenses include
                      \n(a) Selling & administration expenses
                      \n(b) Selling & administration expens
                      \n(c) a & b
                      \nAnswer:
                      \n(c) a & b<\/p>\n

                      \"<\/p>\n

                      Question 10.
                      \nEquity share capital Rs. 2,00,000 Reserves & Surplus Rs. 30,000 Debenture Rs. 40,000 and shareholders fund will be.
                      \n(a) Rs. 200,000
                      \n(b) 2,70,000
                      \n(c) Rs. 2,30,000
                      \nHint:
                      \nShare holder fund = Equity share capital + Reserve and surplus
                      \n= 2,00,000 + 30,000
                      \n= \u20b9 2,30,000
                      \nAnswer:
                      \n(c) Rs. 2,30,000<\/p>\n

                      \"<\/p>\n

                      III Short Answer Questions<\/span><\/p>\n

                      Question 1.
                      \nDefine Ratio Analysis
                      \nAnswer:
                      \nAccording to Myers, “Ratio analysis is a study of the relationship among various financial factors in a business”.<\/p>\n

                      Question 2.
                      \nWhat do you mean by ratio Analysis?
                      \nAnswer:
                      \nRatio analysis is a tool which involves analyzing the financial statements by calculating various. It is a tool of financial statement analysis, in which, inferences are drawn based on the computation and analysis of different ratios.<\/p>\n

                      Question 3.
                      \nWhat are the two ways of classifying the ratios?
                      \nAnswer:
                      \nRatios may be classified in the following two ways:<\/p>\n

                        \n
                      • Traditional classification<\/li>\n
                      • Functional classification<\/li>\n<\/ul>\n

                        \"<\/p>\n

                        Question 4.
                        \nWhat do you mean by the traditional classification of ratio? Explain
                        \nAnswer:
                        \nThe traditional classification of ratios is done on the basis of the financial statements from which the ratios are calculated. Under the traditional classification, the ratio is classified as:<\/p>\n

                          \n
                        • Balance sheet ratio: If both items in a ratio are from the balance sheet, it is classified as a balance sheet ratio.<\/li>\n
                        • Income statement ratio: If the two items in a ratio are from the income statement, it is classified as an income statement ratio.<\/li>\n
                        • Inter – Statements ratio: If a ratio is computed with a tone item from the income statement and another item from the balance sheet, it is called an inter-statement ratio.<\/li>\n<\/ul>\n

                          Question 5.
                          \nWhat is the functional classification of ratios?
                          \nAnswer:
                          \nUnder the functional classification, the rations are classified as follows:<\/p>\n

                            \n
                          • Liquidity ratios<\/li>\n
                          • Long term solvency ratios<\/li>\n
                          • Turnover ratios.<\/li>\n
                          • Profitability ratios.<\/li>\n<\/ul>\n

                            \"<\/p>\n

                            Question 6.
                            \nWhat do you mean by Liquidity ratios?
                            \nAnswer:
                            \nLiquidity means the capability of being converted into cash with ease. Liquidity ratios help to assess the ability of a business concern to meet its short term financial obligations. Short term assets (current assets) are more liquid as compared to long term assets (fixed assets). Liquidity ratios are also called as short term solvency ratios.<\/p>\n

                            Question 7.
                            \nWhat do you mean by the current ratio?
                            \nAnswer:
                            \nCurrent ratio gives the proportion of current assets to current liabilities of a business concern. It is computed by dividing current assets by current liabilities. The current ratio indicates the ability of an entity to meet its current liabilities as and when they are due for payment.<\/p>\n

                            Question 8.
                            \nWhat do you mean by Long-term solves ratios? what are its types?
                            \nAnswer:
                            \nLong term solvency means the firm’s ability to meet its liabilities in the long run. Long term solvency ratios help to determine the ability of the business to repay its debts in the long run. The following ratios are normally computed for evaluating long term solvency of the business:<\/p>\n

                              \n
                            • Debt equity ratio<\/li>\n
                            • proprietary ratio<\/li>\n
                            • Capital gearing ratio<\/li>\n<\/ul>\n

                              \"<\/p>\n

                              Question 9.
                              \nWhat do you mean by Turnover Ratios? What are its types?
                              \nAnswer:
                              \nTurnover ratios show how efficiently assets or other items have been used to generate revenue from operations. They are also called as activity ratios or efficiency ratios. They how the speed of movement of various items. They are expressed as number of times in relation to the item compared.
                              \nThe important turnover ratios are:<\/p>\n

                                \n
                              • Inventory turnover ratio<\/li>\n
                              • Trade receivable turnover ratio<\/li>\n
                              • Trade payable turnover ratio<\/li>\n
                              • Fixed assets turnover ratio.<\/li>\n<\/ul>\n

                                Question 10.
                                \nWhat do you mean by Trade Receivable Turnover ratio?
                                \nAnswer:
                                \nTrade receivable turnover ratio is the comparison of credit revenue from operations with average trade receivables during an accounting period. It gives the velocity of the collection of cash from trade receivables.<\/p>\n

                                Question 11.
                                \nWhat do you mean by Debt collection Period?
                                \nAnswer:
                                \nDebt collection period is the average time taken to collect the amount due from trade receivables. Lesser the debt collection period, grater is the efficiency of management in the collection of cash from trade receivables. It is calculated as follows.
                                \n\"Samacheer
                                \nWhat do you mean by Trade payable Turnover ratio?
                                \nTrade payable turnover ratio is the comparison of net credit purchases with average trade payables during an accounting period. It gives the velocity to payment of cash towards trade payables.<\/p>\n

                                \"<\/p>\n

                                Question 12.
                                \nWhat do you mean by credit payment period?
                                \nAnswer:
                                \nIt is the average time taken by the business for payment of accounts payable. Lesser the credit payment period, greater is the efficiency of the management in managing accounts payable as it indicated quicker settlement of trade payables. It is calculated as follows:
                                \n\"Samacheer<\/p>\n

                                Question 13.
                                \nWhat do you mean by Fixed Assets Turnover
                                \nAnswer:
                                \nThe fixed assets turnover ratio gives the number of times the fixed assets are turned over during the year in relation to the revenue from operations. This ratio indicates the efficiency of utilization of fixed assets.<\/p>\n

                                Question 14.
                                \nWhat do you mean by profitability ratios? What are its types?
                                \nAnswer:
                                \nProfitability ratios help to assess the profitability of a business concern. These rations also help to analyze the earning capacity of the business in terms of utilization of resources employed in the business. Generally, these rations are expressed as a percentage.
                                \nThe profitability ratios commonly used are:<\/p>\n

                                  \n
                                1. Gross profit ratio<\/li>\n
                                2. Operating cost ratio<\/li>\n
                                3. Operating profit ratio<\/li>\n
                                4. Net profit ratio<\/li>\n
                                5. Return on investment.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                                  Tamilnadu State Board New Syllabus Samacheer Kalvi 12th Accountancy Guide Pdf Chapter 9 Ratio Analysis Text Book Back Questions and Answers, Notes. Tamilnadu Samacheer Kalvi 12th Accountancy Solutions Chapter 9 Ratio Analysis 12th Accountancy Guide Ratio Analysis Text Book Back Questions and Answers I Multiple Choice Questions Choose the correct answer Question 1. The mathematical …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[5],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/posts\/27598"}],"collection":[{"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/comments?post=27598"}],"version-history":[{"count":0,"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/posts\/27598\/revisions"}],"wp:attachment":[{"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/media?parent=27598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/categories?post=27598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tnboardsolutions.com\/wp-json\/wp\/v2\/tags?post=27598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}