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A firm carries an Average Inventory of ₹ 40,000. Its Inventory Turnover Ratio is 8 times

368 viewsMarch 12, 2024[ISC] Ratio Analysis

Anurag Pathak28.60K March 12, 2024 0 Comments

A firm carries an Average Inventory of ₹ 40,000. Its Inventory Turnover Ratio is 8 times. It sells goods at a profit of 25% on cost. Calculate Gross Profit Ratio.

Anurag Pathak Changed status to publish March 12, 2024

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Anurag Pathak28.60K Posted March 12, 2024 0 Comments

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Anurag Pathak Changed status to publish March 12, 2024

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A firm carries an Average Inventory of ₹ 40,000. Its Inventory Turnover Ratio is 8 times

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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