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

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

  • question_answer
    Cost of Revenue from Operations Rs.6,40,000; Gross Profit 25% on Cost; Closing Inventory is 4 times of Opening Inventory; Opening Inventory : 10% of Revenue from Operations. Inventory turnover ratio will be:

    A) 3.2 times

    B) 8 times

    C) 2 times

    D) 4 times

    Correct Answer: A

    Solution :

    3.2 times


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