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Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 more than inventory in the beginning, Revenue from operations: ₹3,00,000, Gross profit ratio: 25%, Current liabilities:₹40,000 Quick ratio:0.75:1, Calculate current ratio?
Most Upvoted Answer
Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 mor...
Bro, I think the answer is 2.875 or 2.4.
plz tell me which one is correct,
then I'll upload solutions too.
Community Answer
Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 mor...
2.4:1 is correct answer
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Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 more than inventory in the beginning, Revenue from operations: ₹3,00,000, Gross profit ratio: 25%, Current liabilities:₹40,000 Quick ratio:0.75:1, Calculate current ratio?
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Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 more than inventory in the beginning, Revenue from operations: ₹3,00,000, Gross profit ratio: 25%, Current liabilities:₹40,000 Quick ratio:0.75:1, Calculate current ratio? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 more than inventory in the beginning, Revenue from operations: ₹3,00,000, Gross profit ratio: 25%, Current liabilities:₹40,000 Quick ratio:0.75:1, Calculate current ratio? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Inventory turnover ratio: 4 times Inventory at the end was ₹20,000 more than inventory in the beginning, Revenue from operations: ₹3,00,000, Gross profit ratio: 25%, Current liabilities:₹40,000 Quick ratio:0.75:1, Calculate current ratio?.
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