Solution of Question number 88 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? ₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times, Calculate…
Solution of Question number 87 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? From the following data, Calculate Inventory Turnover Ratio: Total Sales ₹ 10,00,000; Sales Return ₹ 1,00,000; Gross Profit ₹ 1,80,000; Closing Inventory ₹ 2,00,000;…
Solution of Question number 86 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Revenue from Operations ₹ 4,00,000; Gross Profit ₹ 1,00,000; Closing Inventory ₹ 1,20,000; Excess of Closing Inventory over Opening Inventory ₹ 40,000. Calculate Inventory…
Solution of Question number 85 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? From the following information, Calculate Inventory Turnover Ratio: Revenue from Operations 16,00,000 Average Inventory 2,20,000 Gross Loss Ratio 5% [Ans.: Inventory Turnover Ratio =…
Solution of Question number 84 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? Calculate Inventory Turnover Ratio from the following: Opening Inventory 58,000 Closing Inventory 62,000 Revenue from Operations,i.e., Net Sales 6,40,000 Gross Profit Ratio 25% [Ans.:…
