Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000

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Anurag Pathak28.60K March 12, 2024 0 Comments

Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000.

Calculate Inventory Turnover Ratio.

[Hint: Closing Inventory = Opening Inventory + Purchases – Cost of Revenue from Operations (Cost of Goods Sold).]

Anurag Pathak Changed status to publish March 16, 2024

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

Solution:-

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Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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