Question

129. The following information had been made available from the profit and loss account for the year ending on March 31, 2000:
Gross profit.................. Rs. 2,00,000 -
Gross profit margin........... 20%
Stock velocity - 4
If, in current year, the sales are expected to increase by 50 %, then the average inventory required would be
(a) Rs. 2,00,000 . (b) Rs. 2,50,000
(c) Rs. 3,00,000 (d) Rs. 3,50,000​

Answer 1

Answer:

a

Explanation:

a only correct answer