Question
A company has Net Sales = ₹80 lakh, Cost of Goods Sold
= ₹60 lakh, Inventory = ₹15 lakh. What is Inventory Turnover Ratio?Solution
Inventory Turnover = COGS / Inventory = ₹60L / ₹15L = 4
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(NOTE: Operati...
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49.85 – 5.31 + 9.97 =?
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