Question

) from the following information, calculate the inventory turnover ratio.(6)

Revenue from operations- Rs 2,00,000, gross profit 25% on cost, opening inventory is 1/3rd f the value of the closing inventory, closing inventory is 30% of revenue from operations.

(b) Net profit ratio of a company was 10%. It indirect expenses were Rs 40,000 and its cash revenue from operations were Rs 1,50,000. The credit revenue from operations was 60% of the total revenue from operations calculate the gross profit ratio of the company.

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Answer 1

Answer:

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