A firm has fixed assets of Rs 3,00,000 and current assets of Rs 2,00,000. Earning before tax is Rs 90,000. Find out the return on capital employed if the current asset is reduced by 20%. If average...

A firm has fixed assets of Rs 3,00,000 and current assets of Rs 2,00,000. Earning before tax is Rs 90,000. Find out the return on capital employed if the current asset is reduced by 20%.

If average stock of work-in-progress is Rs 60 lakh and the average conversion period is 4 days, find the annual cost of production.