[" Q."25." Inventory Turnover Ratio of a company is "3" times.State,giving reason,whether the ratio improves,"],[" declines or does not change because of increase in the value of closing stock by "₹5,000.]

The gross profit ratio of a company is 25% state giving reson which of the following transactions will (a) increase,(b) decrease,or (c ) not change the gross profit ratio: (i) Purchase of stock in trade Rs 50000 (ii) Purchases return Rs 15000. (iii) Revenue from opertions on sale of stock in trade Rs 85000 (iv) Stock in trade costing Rs 20000 with drawn for personal use. (v) Stock in tradecosting Rs 10000 distributed as free samples

Gross profit ratio of a company is 25% state giving reason which of the following transaction will (a) increase or (b) decrease por , (c ) not alter the gorss profit ratio: (i) purchase of stock in trade Rs 50000 (ii) purchases return Rs 15000 (iii) cash sale fof stock in trade Rs 40000 (iv) stock in trade costing Rs 20000 withdrawn for personal use. (v) stock in trade costing Rs 150000 distributed as free sample.