Accountancy, asked by sainathvaruna13, 9 months ago

Opening Inventory ₹1,00,000; Closing Inventory ₹1,50,000; Purchases ₹6,00,000; Carriage ₹25,000; Wages ₹2,00,000. Inventory Turnover Ratio will be ?

Answers

Answered by SANKARSTR

1

Answer:

6.2 times

Explanation:

cost of goods sold

_____________

AVG stock

775

___

125

6.2 time's

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