1.

Cost of Revenue from Operations 500000,Purchases 550000 ,Opening Inventory 100000 .Calculate Inventory Turnover Ratio

Answer»

ANSWER:

The answer is 4

Explanation:

COST of rop = PURCHASE +OI -ci

ci= 150000

Inventory turnover RATIO = 500000/125000= 4

ci +oi/2 = 125000



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