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Calculate Inventory Turnover Ratio from the following Opening Inventory ₹ 29,000 Closing Inventory ₹ 31,000

495 viewsMarch 12, 2024[ISC] Ratio Analysis

Anurag Pathak28.35K March 12, 2024 0 Comments

Calculate Inventory Turnover Ratio from the following:

	₹
Opening Inventory	29,000
Closing Inventory	31,000
Sales	3,20,000

Gross Profit Ratio 25%

Anurag Pathak Changed status to publish March 12, 2024

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Anurag Pathak28.35K Posted March 12, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 12, 2024

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Calculate Inventory Turnover Ratio from the following Opening Inventory ₹ 29,000 Closing Inventory ₹ 31,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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