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

  • question_answer
    Inventory turnover ratio 4 times; Cost of revenue from operation is 2,00,000; closing inventory was 3 times more than that in the beginning. Opening inventory will be:

    A) 50,000

    B) 1,00,000

    C) 20,000

    D) 80,000

    Correct Answer: C

    Solution :


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