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?
More Financial Management Questions
- Which of the following statements about IPO listing gains is correct? A. If the stock lists at a price higher than the allotment price, the difference is ...
- Which of the following is correct with respect to measurement of sensitivity?
- Which of the following statement is not true:
- With regards to Development finance which of the following is correct: 1.Development finance is effort of only public sector 2.Development finance is a c...
- How would you define the process of allocating a limited capital budget between different projects in a way that maximizes shareholder wealth?
- According to the RBI's circular on unclaimed deposits, which section of the Banking Regulation Act, 1949 gives the RBI authority to issue instructions on t...
- XYZ Ltd. reported a Net Profit of ₹1,50,000 for the year ending March 31, 2026. The Profit and Loss Account showed the following debits during the year: •...
- Which of the following is not a key feature of Gift City? 1) Integrated business district 2) Multi-service SEZ 3) High-speed railway station Choos...
- Why is conflict within a team considered a natural part of group dynamics?
- Internal rate of return (IRR) is the ________ rate at which the net present value of the cash flows from a project is _______.
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)