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Read the following and answer the questions give below:1 Calculate inventory turnover ratio for the year 2019-20? i) 6.07 times ii) 6.67 times iii) 5 times iv) 8.33 times 2 Find cost of revenue from operations for the year 2020-21? i) ₹ 40,00,000 ii) ₹ 50,00,000 iii) ₹ 75,00,000 iv) ₹ 60,00,000 3 Inventory turnover ratio is a part of i) Solvency ratio ii) Liquidity ratio iii) Activity ratio iv) Profitability ratio 4 Which years inventory ratio is better for the above firm? i) 2019-20 ii) 2020-21 iii) Both are equal iv) Neither 2019-20 nor 2020-21 |
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Answer» 1 ii) 6.67 times 2 iv) ₹ 60,00,000 3 iii) Activity ratio 4 i) 2019-20 |
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