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

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

  • question_answer
    Inventory turnover ratio 7 times; Cost of revenue from operation is 3,50,000; opening inventory is Rs.10,000 less than the closing inventory. Opening inventory will be:

    A) 55,000

    B) 45,000 

    C) 50,000

    D) 60,000

    Correct Answer: B

    Solution :

    45,000


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