Question
When Sales are 360000, and GP ratio is 50% and the
average inventory is 90000, what is the inventory turnover ratio?Solution
Inventory Turnover Ratio is COGS/ Average Inventory = 180000/90000 = 2.
What is the sum of ages of F, T and C?
Read the given statements and conclusion carefully. Assuming the information given in the statement is true, even if it appears to be at variance with ...
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Stateme...
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II. An on-site inspection of high NPAs and negati...