πŸ“Š Management Accounting
Q. Determine Stock Turnover Ratio if, Opening stock is Rs 31,000, Closing stock is Rs 29,000, Sales is Rs 3,20,000 and Gross profit ratio is 25% on sales.
  • (A) 12 times
  • (B) 11 times
  • (C) 8 times
  • (D) 10 times
πŸ’¬ Discuss
βœ… Correct Answer: (C) 8 times

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