Home
Class 12
ACCOUNTS
Calculate inventory Turnover ratio from ...

Calculate inventory Turnover ratio from the following:,Rs
opening inventroy, 29000
closing inventory ,31000
Revenue form opertions, i.e sales , 320000
Gross profit Ratio 25%.

Promotional Banner

Similar Questions

Explore conceptually related problems

Calculate inventory Turnover Ratio from the following information: opening inventory is Rs 50000, purchases Rs 390000, Revenue form operations i.e net sales Rs 600000, Grofss profit ratio 30%

Opening inventorey Rs 29000, closing inventory Rs 31000, Revenue from operations (Net sales) Rs 300000, gross profit 25% on cost. Calculate inventory tuyrnover ratio.

Calculate inventroy Turnover ratio from the following informaation opening inventroy Rs 40000, purchases Rs 320000, and closing inventroy Rs 120000. state, giving reason which of the followojkng transactions would (i) increase,(ii) decrease,(iii) neither increase nor decrease the inventroy turnover ratio: (a) Sale of goods for Rs 40000 (cost Rs 32000) (b) invrease in the value of closing inventroy by Rs 40000 (c ) goods purchased for Rs 80000 (d) purchases return Rs 20000 (e) goods costing Rs 10000 withdrawn for personal use (f) goods costing Rs 20000 distrubuted as free samples.

Calculate inventory tnover ratio form the following information : opening invenotry Rs 20000, purchases Rs 160000 and closing inventory Rs 60000 State giving reason which of the following transactions would(i) increase, (ii) decrease and (iii) neither increase nor decrease the inventory turnover ratio: (a) Sale of goods for Rs 20000(Cost Rs 16000) (b) Increase in the value of closing inventory by Rs 20000. (c )Goods purchased for Rs 40000 (d) Purchases return Rs 1000. (e) Goods costing Rs 5000 wiothdrawn for personal use. (f) Goods costing Rs 10000 distributed as free samples

From the following information ,calculate inventroy Turnover ratio:,Rs Revenue from operations,1600000 Average inventory ,220000 Gross loss ratio 5%.

From the following information ,calcualte inventory turnover ratio, operating ratio and working capital turnover ratio: openning inventory Rs 28000, closing inventory Rs 22000, purchases Rs 46000, Revenue from operation, i.e net sales Rs 80000, Return Rs 10000 carriage invwards Rs 4000, office expenses Rs 4000, selling and distribution expenses Rs 2000, woking capital Rs 40000.

Calculate current assets of a company from the following information: (i) Inventory turnover ratio: 4 Times. (ii) Inventory at the end is Rs 20000 more than inventory in the beginning (iii) Revenue from operatopms i.e Net sales Rs 300000 (iv) gross profit ratio 25% (v) Current Liabilities Rs 40000 (vi) Quick Ratio 0.75

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.

Calculate current assets of a company from the following information: Inventory turnover ratio = 4 times Inventory at the end is Rs. 20,000 more than the inventory in the beginning. Revenue from Operations Rs. 3,00,000 and gross profit ratio is 20% of revenue from operations. Current liabilities = Rs. 40,000 Quick ratio = 0.75 : 1

Recommended Questions
  1. Calculate inventory Turnover ratio from the following:,Rs opening in...

    Text Solution

    |

  2. समान लम्बाई के ताँबे के दो तारो के व्यासों का अनुपात 1:2 हैं । उसके ...

    Text Solution

    |

  3. समान गतिज ऊर्जा वाले दो आवेशित कण समरूप चुम्बकीय क्षेत्र के लंबवत प्रव...

    Text Solution

    |

  4. ट्रांसफॉर्मर का नामांकित चित्र तथा इसके परिणमन अनुपात का सूत्र...

    Text Solution

    |

  5. एक परीक्षा में पास होने वाले तथा पेल होने वालो का अनुपात 3 : 1 था। यदि...

    Text Solution

    |

  6. 40 बच्चों की एक कक्षा में लड़कियों और लड़कों का अनुपात 2 : 3 हैं। 5 नव...

    Text Solution

    |

  7. एक थैले में 6 काली और 5 सफेद गेंदें हैं। कोई मनुष्य उसमें से यदृच्छया ...

    Text Solution

    |

  8. घनीय संकुलन में संकुलित परमाणुओं तथा चतुष्फलकीय रिक्तियों का अनुपात है...

    Text Solution

    |

  9. एक आयनिक क्रिस्टल A^(+) B^(-) के लिए उपसहसंयोजी संख्या 6 है । त्रिज्या...

    Text Solution

    |