Question
XYZ Ltd reported total credit sales of Rs.12,80,000 at a
gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, what is the average inventory that the company should carry?Solution
Inventory Turnover = CoGS/Average inventory Or Average Inventory = COGS/inventory Turnover COGS = Sales – gross profit            = 12,80,000 – 15% of 12,80,000            = 1,088,000 So Average inventory = 1088000/4 = 272,000
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-To defend conservative values,
...A. outstanding loans by September 2018, so the end
B. to continue to rise to as high as 11.1% of total
C. to the bad loans mess seems nowh...
Given below are six sentences, out of which sentences A and F are in the correct position. Sentences B, C, D and E are in a jumbled order. Select the op...
Which of these should be the SECOND sentence after rearrangement?
Which of the following would be the FIRST statement after rearrangement?
1. With such a passive attitude, the very
P. to one that is inferior you will begin to
Q. moment you pass from a superior environment
...Which of the following would be FIFTH the statement after rearrangement?
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-It requires physical endurance, whi...
Which sentence should come first in the paragraph?
Which of the following is the last (sixth) sentence if the passage?
Relevant for Exams:
