Question
Calculate inventory turnover ratio Revenue from
operations = 4,00,000 Average Inventory = 55,000 Gross Profit Ratio = 10%Solution
Revenue from operations = Rs. 4,00,000 Gross Profit = 10% of Rs. 4,00,000 = Rs. 40,000 Cost of Revenue from operations = Revenue from operations – Gross Profit = Rs. 4,00,000 – Rs. 40,000 = Rs. 3,60,000 Inventory Turnover Ratio = Cost of Revenue from Operations/Average Inventory = 3,60,000/55,000 = 6.55 times
Which of the following property of soil is not influenced by tillage operations?
What is the primary difference between a slip share and a slip nose share?
Fruit and shoot borer is an important pest of;
The Galvanizing Organic Bio-Agro Resources Dhan (GOBAR-DHAN) scheme aims to augment income of farmers by converting biodegradable waste into compressed ...
Which of the following schemes promotes Organic farming through the adoption of the organic village by cluster approach.
Yellow coloured fruits and vegetables are rich source of:
Which nutrient deficiency is associated with "Grey speck" disease in oats?
Which of the following type of plough is generally used for the breaking the hard pans?
What does a more elastic curve signify in terms of price and quantity consumed?
In female reproductive system sperms are temporary stored at
Relevant for Exams:
