Student Community

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

367 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

Add a Comment

1 Answer

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

Solution:-

Anurag Pathak Changed status to publish March 12, 2024

Add a Comment

You are viewing 1 out of 1 answers, click here to view all answers.

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8132

Telegram Channel

Telegram Channel

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

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions