[ISC] Q. 110 Ratio Analysis TS Grewal Solution Class 12 (2023-24)

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Solution of Question number 110 of the Ratio Analysis of TS Grewal Book 2023-24 session ISC Board?

Calculate Current Assets of a company from the following information:

(I) Inventory Turnover Ratio: 4 Times.

(ii) Inventory at the end is ₹ 20,000 more than inventory in the beginning.

(iii) Revenue from Operations, i.e., Net Sales ₹ 3,00,000.

(iv) Gross Profit Ratio 25%.

(v) Current Liabilities ₹ 40,000.

(vi) Quick Ratio 0.75.

Solution:-

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