Question
A firm’s net sales are ₹5 crore, and cost of goods sold is ₹3.5 crore. Inventory at the start of the year was ₹80 lakhs and at the end ₹1.2 crore. Calculate the Inventory Turnover Ratio.
More Financial Statement Analysis Questions
- Operating cycle: Raw material stock 45 days, WIP 15 days, Finished goods 30 days, Debtors 60 days, Creditors 30 days. Working capital requirement for sales...
- Company A and Company B both have a net income of ₹5 crores. However, Company A has equity of ₹50 crores while Company B has equity of ₹20 crores. Based on...
- A company reports an EBIT (Earnings Before Interest and Tax) of ₹10,00,000. It incurs interest charges of ₹2,00,000. The company also pays a Preference Div...
- The Debt-Equity Ratio is a measure of a company's:
- Which market deals in long-term claims with a maturity period of more than one year?
- Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’s liq...
- XYZ Ltd. has the following details: Equity Share Capital = ₹50 lakhs, Reserves = ₹20 lakhs, Long-term Debt = ₹30 lakhs. EBIT for the year is ₹18 lakhs, and...
- A company has sales ₹50,00,000 and gross profit margin 40% (on sales). Cost of goods sold (COGS) is:
- Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023: Additional Information: Operating expenses for the year 2023 amounted to Rs. 15,...
- Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’s liq...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)