₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times
₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times, Calculate inventories at the end of the year. Inventories at the end is 1.5 times that of in the beginning.
[Ans.: Inventory at the end = ₹ 30,000.]
Anurag Pathak Changed status to publish August 14, 2023
