From the following information, determine Opening and Closing Inventories: Inventory Turnover Ratio 5 Times, Total Sales ₹ 2,00,000, Gross Profit Ratio 25%, Closing Inventory is more by ₹ 4,000 than the Opening Inventory.
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From the following information, calculate value of opening Inventory: Closing Inventory ₹ 68,000 Total Sales ₹ 4,80,000 (including Cash Sales ₹ 1,20,000)
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From the following information, Calculate Inventory Turnover Ratio: Credit Revenue from Operations ₹ 6,00,000; Cash Revenue from Operations ₹ 2,00,000
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Following figures have been extracted from Shivalika Mills Ltd: Inventory in the beginning of the year ₹ 60,000.
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From the following information obtained from the books of Kundan Ltd., Calculate the Inventory Turnover Ratio for the years 2015-16 and 2016-17:
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₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times
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From the following data, Calculate Inventory Turnover Ratio: Total Sales ₹ 10,00,000; Sales Return ₹ 1,00,000
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Revenue from Operations ₹ 4,00,000; Gross Profit ₹ 1,00,000; Closing Inventory ₹ 1,20,000; Excess of Closing Inventory over Opening Inventory ₹ 40,000. Calculate Inventory Turnover Ratio.
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From the following information, Calculate Inventory Turnover Ratio: Revenue from Operations 16,00,000
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Calculate Inventory Turnover Ratio from the following: Opening Inventory 58,000 Closing Inventory 62,000
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