Question
MNP Inc has a gross profit of Rs 75000 on a sale of Rs
350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of Rs 50000, MNP’s total asset turnover and inventory turnover are closest to:Solution
Total Assets Turnover = Sales/Total Assets 350000/200000 = 1.75 times Inventory Turnover = COGS /Average Inventory COGS = 350000-75000 = 275000 275000/50000 = 5.5 times
What is the total wheat sown area in India according to ISRO's satellite-based estimate?
- Which Maharashtra state agency is part of the collaboration with ROSATOM for the SMR project?
What is the main reason behind Zimbabwe's plan to launch a digital currency backed by gold reserves?
India’s rank in the 2024 Rule of Law Index by the World Justice Project is:
The G20 Summit in 2024 was held in which city
Who presented the 'Outstanding Business Woman of the Year - 2023' Award to Dr. Bina Modi?
Which Indian state has recently signed a MoU with the National Tiger Conservation Authority (NTCA) to establish its first Special Tiger Protection Force...
What is the projected capacity for daily chip production at the new semiconductor unit in Sanand, Gujarat?
In terms of metrology ,India was ranked _____ , in the world according to the Global Quality Infrastructure Index (GQII) 2021.
Recently which of the following railway station in India has become the first railway station to be equipped with augmented reality screens?
Relevant for Exams:
