Question

. Q. 54. Calculate Inventory Turnover Ratio for the year 2017-18 and 2018-19 from
the following information :
2017-18
2018-19
₹
₹
Inventory on 31st March
11,00,000
15,00,000
Revenue from Operations
75,00,000
93,60,000
(Gross Profit is 20% on cost of revenue
from Operations)
In the year 2017-18 inventory decreased by 3,00,000​

Answer 1

Answer:

Here is your answer..

keep learning....

Answer 2

Answer:

i hope you'll get. we will add back 3lac because of it was decreased so for finding the right value we need to add back