Cost of goods sold is Rs. 50,000, opening inventory is Rs. 12000 and closing Inventory Rs. 8000. What is Inventory Turnover ratio in days? Consider one year 365 days (A) 5 (B) 73 (C) 72 (D) 55Cost of goods sold is Rs. 50,000, opening inventory is Rs. 12000 and closing Inventory Rs.
8000. What is Inventory Turnover ratio in days? Consider one year 365 days
(A)5
(B)73
(C)72
(D)55
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Answer:
B part 73 from side
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