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

  • question_answer
    Inventory turnover ratio 10 times; Cost of revenue from operation is 2,20,000; closing inventory was 3 times that in the opening inventory. Opening inventory will be:

    A) 11,000

    B) 22,000

    C) 33,000

    D) 44,000

    Correct Answer: A

    Solution :


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