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Cost of Revenue from Operations (Cost of Goods Sold) ₹5,00,000; Purchases ₹5,50,000; Opening Inventory ₹1,00,000. Calculate Inventory Turnover Ratio. - Accountancy

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प्रश्न

Cost of Revenue from Operations (Cost of Goods Sold) ₹5,00,000; Purchases ₹5,50,000; Opening Inventory ₹1,00,000.
Calculate Inventory Turnover Ratio.

योग

उत्तर

Cost of Goods Sold = Opening Inventory + Purchases − Closing Inventory

5,00,000 = 1,00,000 + 5,50,000 − Closing Inventory

Closing Inventory = 1,50,000

Average Stock = `("Opening Stock + Closing Stock")/2`

`=(100000 + 150000)/2 = 125000`

Inventory Turnover Ratio=`"Cost of goods Sold"/"Average Stock"`

`= 500000/125000` = 4 times

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अध्याय 3: Accounting Ratios - Exercises [पृष्ठ ९९]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 3 Accounting Ratios
Exercises | Q 62 | पृष्ठ ९९

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