Q. 60 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 60 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
From the given information, calculate the Inventory Turnover Ratio:
Revenue from Operations (Sales); ₹ 2,00,000; GP : 25% Opening Inventory was 1/4th of the value of Closing Inventory. Closing Inventory was 40% of Revenue from Operations.
[Ans. Inventory Turnover Ratio 3 Times.]
Solution:-
