opening inventory 200000 closing inventory 120000 inventory turnover ratio 8 times selling price 25 %above cost calculate gross profit ratio
Answers
Answered by
0
Answer:
20%
Explanation:
Av. stock =1,60,000
CGS=12,80,000
Gp=3,20,000
Ro=16,00,000
GPR=20% ans
plz respond me
Attachments:
Similar questions
Math,
1 month ago
Environmental Sciences,
1 month ago
Social Sciences,
2 months ago
Science,
8 months ago