Q. 171 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 171 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
₹ 6,30,000 is the cost of revenue from Operations of a firm for the year ending 31st March 2023. If inventory turnover ratio is 7 times, calculate inventory at the end of the year. Inventory at the end is twice than that in the beginning.
[Ans. Inventory at the end ₹ 1,20,000.]
Solution:-