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Calculate Inventory Turnover Ratio if: ...

Calculate Inventory Turnover Ratio if:
Inventory in the beginning is Rs. 76,250, Inventory at the end is 98,500, Gross Revenue from Operations is Rs. 5,20,000, Sales Return is Rs. 20,000, Purchases is Rs. 3,22,250.

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Inventory Turnover Ratio 3.43 times
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NCERT-ACCOUNTING RATIOS-Questions for practice (Numerical Questions)
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