Question

MNP Inc. has Gross Profit of ₹75,000 on Sales of ₹3,50,000. Average Total Assets are ₹2,00,000 and Average Inventory is ₹50,000. Calculate Total Asset Turnover and Inventory Turnover.

A 1.50 times; 3.5 times
B 1.75 times; 5.5 times
C 2.00 times; 5.0 times
D 1.75 times; 5.0 times
E 1.50 times; 5.5 times
Practice Next

Hey! Ask a query