Question
From the following information, calculate the Inventory
Turnover Ratio: Net Sales: ₹4,00,000 Average Inventory: ₹55,000 Gross Loss on Sales: 10%Solution
The Inventory Turnover Ratio is calculated using the formula: Inventory Turnover Ratio = Cost of Revenue from Operations / Average Inventory Calculation of Gross Loss: Gross Loss = 10% of Net Sales = 10% of ₹4,00,000 = ₹40,000 Calculation of Cost of Revenue from Operations: Cost of Revenue from Operations = Net Sales + Gross Loss Cost of Revenue from Operations = ₹4,00,000 + ₹40,000 = ₹4,40,000 Inventory Turnover Ratio = ₹4,40,000 / ₹55,000 = 8 times
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An end-of-year evaluation that determines promotion to the next grade is an example of:
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Which of the following is the main assumption of Charles Galloway system of observation?
Which among the following is different from the characteristics of a good test?
Which of the following is Doordarshan's Educational Television Channel?
For a teacher teaching a class wit large strength, which of the techniques is best?
What is the main purpose of punishment to students?
Which of the following is an advantage of formative assessment?
Formative assessment for EVS is:
(A) Assessment for learning
(B) Assessment of learning
(C) Assessment as learning
(D) Assessment about learning
