Accountancy, asked by mahapatrasureshsm6, 2 months ago

9: The Inventory Turnover Ratio of a firm is 30
days. The Gross Profit Ratio of the firm was
estimated at 1/5th of the sales and amounted
to Rs. 450 crore. The closing stock of the firm
was Rs. 25 crore more than opening stock. The
fixed assets Turnover ratio of the firm was 5
times. The ratio between the average inventory
and gross profit is ....

Answers

Answered by aimankhan0120

0

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Answered by shwethakumari029

2

Explanation:

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