Question

a) A trader carriers an average inventory of Rs.40,000. His inventory turnover Ratio is 8 times. If he sells

goods at a profit of 20% on revenue from operations, find out his profit.

b) Rate of Gross profit on Revenue from Operations of a company is 25%. Its Gross profit is Rs.5,00,000.

Its shareholders’ Funds are Rs.25,00,000; Non-current Liabilities are Rs.8,00,000 and Non-current Assets

Rs.23,00,000. Calculate its Working capital Turnover Ratio. ​

Answer 1

Answer:

.rate will be low to level up