Q. 62 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 62 of Accounting Ratios Chapter 5 of DK Goel Class 12 CBSE (2024-25)
| ₹ | |
| Revenue from Operations (Sales) | 7,00,000 |
| Gross Profit | 1,40,000 |
| Inventory Turnover Ratio | 7 Times |
Find out the value of Closing Inventory, if Closing Inventory is ₹ 16,000 more than the Opening Inventory.
[Ans. Closing Inventory ₹ 88,000.]
Solution:-
