2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Opening Inventory Rs.52,000; Closing Inventory Rs.50,400; Revenue from Operations (Sales) Rs.3,20,000; Gross Profit Ratio 20% on Revenue from Operations. Inventory Turnover ratio will be:

    A) 5 times

    B) 6 times

    C) 7 times

    D) 4 times

    Correct Answer: A

    Solution :

    5 times


You need to login to perform this action.
You will be redirected in 3 sec spinner