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Cost of revenue from operations Rs. 6,00...

Cost of revenue from operations Rs. 6,00,000, Inventory Turnover Ratio 5, Find out the value of opening inventory, if opening inventory is Rs. 8,000 less than the closing inventory.

A

Rs. 1,12,000

B

Rs. 1,16,000

C

Rs. 1,28,000

D

Rs. 1,24,000

Text Solution

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The correct Answer is:
B
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DK GOEL-ACCOUNTING RATIOS-Multiple Choice Questions (Activity Ratios)
  1. On the basis of following data, the cost of revenue from operations by...

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  2. Opening Inventory of a firm is Rs. 80,000. Cost of revenue from operat...

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  3. Cost of revenue from operations Rs. 6,00,000, Inventory Turnover Ratio...

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  4. Revenue from operations Rs. 2,00,000, Inventory Turnover Ratio 5, Gros...

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  5. If the inventory turnover ratio is divided into 365, it becomes a meas...

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  6. If average inventory is Rs. 50,000 and closing inventory is Rs. 2,000 ...

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  7. Opening Inventory Rs. 50,000, Closing Inventory Rs. 40,000 and cost of...

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  8. Average Inventory Rs. 60,000, Inventory Rs. Turnover Ratio 8, Gross ...

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  9. Opening Inventory Rs. 75,000, Closing Inventory Rs. 1,05,000, Inventor...

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  10. Opening Inventory Rs. 40,000, Purchase Rs. 4,00,000, Purchase Return R...

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  11. The formula for calculating the Trade Receivables Turnover Ratio is :

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  12. Total revenue from operations Rs. 9,00,000, Cash revenue from operati...

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  13. Total revenue from operations Rs. 27,00,000, Credit revenue from opera...

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  14. Credit revenue from operations Rs. 24,00,000, Trade Receivables Turnov...

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  15. A firm makes credit revenue from operations of Rs. 2,40,000 during the...

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  16. Credit revenue from operations Rs. 3,00,000. Trade Receivables Tourno...

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  17. Credit revenue from operations Rs. 5,60,000, Debtors Rs. 70,000, B/R R...

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  18. Credit revenue from operations Rs. 6,00,000, Cash revenue from operat...

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  19. On the basis of following data, a Company's closing debtors will be: ...

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  20. Total credit revenue from operations of a firm is Rs. 5,40,000. Averag...

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