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Revenue from operations Rs. 2,00,000, In...

Revenue from operations Rs. 2,00,000, Inventory Turnover Ratio 5, Gross Profit `25%`. Find out the value of Closing Inventory, if Closing Inventory is Rs. 8,000 more than the Opening Inventory.

A

Rs. 38,000

B

Rs. 22,000

C

Rs. 34,000

D

Rs. 26,000

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The correct Answer is:
C
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DK GOEL-ACCOUNTING RATIOS-Multiple Choice Questions (Activity Ratios)
  1. Opening Inventory of a firm is Rs. 80,000. Cost of revenue from operat...

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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  20. The formula for calculating Trade Payables Turnover Ratio is :

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