Calculate Current Assets of a company from the following information Inventory Turnover Ratio: 4 Times
Calculate Current Assets of a company from the following information:
(I) Inventory Turnover Ratio: 4 Times.
(ii) Inventory at the end is ₹ 20,000 more than inventory in the beginning.
(iii) Revenue from Operations, i.e., Net Sales ₹ 3,00,000.
(iv) Gross Profit Ratio 25%.
(v) Current Liabilities ₹ 40,000.
(vi) Quick Ratio 0.75.
Anurag Pathak Changed status to publish March 12, 2024
