Question

SDF Ltd recorded Net Sales of ₹10,00,000 during the year. Its Gross Profit was ₹2,50,000. If the inventory of the company at the end of the year was ₹1,25,000, what is the Inventory Turnover Ratio? 

A 1.33 times
B 2 times
C 4 times
D 6 times
E 8 times
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