Calculate Inventory Turnover Ratio from the following particulars : Co

1.	Calculate Inventory Turnover Ratio from the following particulars : Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit 20% on Sales Closing Inventory : 4 times of Opening Inventory Opening Inventory : 10% of Cost of Revenue from Operations.
Answer» Calculate Inventory Turnover Ratio from the following particulars : Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit 20% on Sales Closing Inventory : 4 times of Opening Inventory Opening Inventory : 10% of Cost of Revenue from Operations.

Calculate Inventory Turnover Ratio from the following particulars : Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit 20% on Sales Closing Inventory : 4 times of Opening Inventory Opening Inventory : 10% of Cost of Revenue from Operations.

Answer»

Calculate Inventory Turnover Ratio from the following particulars :

Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000

Gross Profit 20% on Sales

Closing Inventory : 4 times of Opening Inventory

Opening Inventory : 10% of Cost of Revenue from Operations.

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Calculate Inventory Turnover Ratio from the following particulars : Cost of Revenue from Operations (Cost of Goods Sold) Rs. 6,40,000 Gross Profit 20% on Sales Closing Inventory : 4 times of Opening Inventory Opening Inventory : 10% of Cost of Revenue from Operations.

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