Question
Read the following information to answer the below
questions:ย Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventories were 60 % of closing inventories. Opening Receivables are 120,000. Calculate the Inventory turnover ratio of the company?Solution
COGS/Average inventory 32,00,000 / 3,36,000 9.52 times COGS =40,00,000(Sales) less 20%(Profit element) = 32,00,000 Average inventory = 420,000(closing stock) + 60% of 420,000(opening stock) / 2 = 3,36,000
What is the pH of a neutral solution at 25ยฐC?
The anode in a dry cell consists of:
What is the nature of the pH of milk?
Ethane gas has a slightly _____ taste.
Water is a good solvent of ionic salts because -
Sphagnum is an important bryophyte. Consider the following statements about it:
- It is a chief constituent of peat. ...
Which atmospheric layer contains ozone layer?
Which dating method is commonly used to determine the age of materials from prehistoric times?
_____ is the movement of chemicals in the upper layers of soil into lower layers or into groundwater by being dissolved in water.
What is the maximum value of deforming force up to which a material shows elastic property and above which the material loses it?