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What is the inventory turnover ratio, when the following is given?COGS = 1,50,000;Closing Inventory = 60,000;Excess of Closing Inventory over Opening Inventory 20,000.a)3 timesb)2.14 timesc)1.5 timesd)4 timesCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What is the inventory turnover ratio, when the following is given?COGS = 1,50,000;Closing Inventory = 60,000;Excess of Closing Inventory over Opening Inventory 20,000.a)3 timesb)2.14 timesc)1.5 timesd)4 timesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the inventory turnover ratio, when the following is given?COGS = 1,50,000;Closing Inventory = 60,000;Excess of Closing Inventory over Opening Inventory 20,000.a)3 timesb)2.14 timesc)1.5 timesd)4 timesCorrect answer is option 'A'. Can you explain this answer?.

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