Q. 164 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 164 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Opening Inventory ₹ 28,000; Closing Inventory ₹ 52,000; Revenue from Operations ₹ 6,00,000; Gross Profit 33 and 1/3% on Revenue from Operations. Calculate Inventory Turnover Ratio.
[Ans. 10 Times.]
Solution:-