Question

Company had a liquid ratio of 1 and current ratio of 2 and inventory turnover ratio of 5 times. It had a total current assets of 4,00,000 in the year 2017-18. Find out the revenue from operations, if goods are sold at a profit of 25% on cost. Or

Answer 1

here is the answer as per you question

revenue from operation 1250000 . cost of goods sold 1000000 and profit 250000.