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  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

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

  • question_answer
    Revenue from Operations: Rs.2,00,000; Gross Profit; 25% on cost; Opening Inventory was Half of the value of Closing Inventory. Closing Inventory was 20% of Revenue from Operations. Inventory turnover ratio will be:

    A) 4 times

    B) 8 times

    C) 5.33 times

    D) 4.33 times

    Correct Answer: C

    Solution :

    5.33 times


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