Question

From the following information, calculate inventory turnover ratio :
`{:(,,,Rs.),("Inventory in the beginning ",,=,18_(,)000),("Inventory at the end",,=,22_(,)000),("Net purchases",,=,46_(,)000),("Wages",,=,14_(,)000),("Revenue from operations",,=,80_(,)000),("Carriage inwards",,=,4_(,)000):}`

Answer 1

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