Compute Stock Turnover Ratio from the following information: Net Revenue from Operations 2,00,000 Gross Profit 50,000
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Question:
Compute Stock Turnover Ratio from the following information:
₹ | |
Net Revenue from Operations | 2,00,000 |
Gross Profit | 50,000 |
Inventory at the end | 60,000 |
Excess of inventory at the end over inventory in the beginning | 20,000 |
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date: