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

  • question_answer
    Revenue from Operations (Sales) Rs.16,00,000; Average Inventory Rs.1,76,000; Gross Loss Ratio 10%. Inventory turnover ratio will be:

    A) 9 times

    B) 9.10 times 

    C) 8.18 times

    D) 10 times

    Correct Answer: D

    Solution :

    10 times

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