12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Inventory Turnover Ratio is:

    A) Average Inventory/Revenue from Operations

    B) Average Inventory/Cost of Revenue from Operations

    C) Cost of Revenue from Operations/Average Inventory

    D) Gross Profit/Average Inventory

    Correct Answer: C

    Solution :

    [c] Cost of Revenue from Operations/Average Inventory


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