Q. 52 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 52 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Inventory turnover ratio from the following:-
₹ | |
Opening Inventory | 92,400 |
Closing Inventory | 67,600 |
Purchases | 2,75,200 |
Revenue from Operations (Sales) | 5,00,000 |
Revenue from Operations Returns (Sales Returns) | 20,000 |
[Ans. Inventory Turnover Ratio 3.75 Times.]
Solution:-