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प्रश्न
Read the following information and answer the given question:
| Year | 2020 | 2019 | 2018 |
| Amount | (in ₹) | (in ₹) | (in ₹) |
| Outstanding Expenses | 50,000 | 40,000 | 25,000 |
| Prepaid Expenses | 3,00,000 | 2,50,000 | 3,50,000 |
| Trade Payables | 18,00,000 | 16,00,000 | 14,00,000 |
| Inventory | 12,00,000 | 10,00,000 | 11,00,000 |
| Trade Receivables | 11,00,000 | 8,00,000 | 10,00,000 |
| Cash in hand | 17,00,000 | 12,00,000 | 15,00,000 |
| Revenue from operations | 24,00,000 | 18,00,000 | 20,00,000 |
| Gross Profit Ratio | 12% | 15% | 18% |
Inventory turnover ratio for the year 2020 will be ______. (Choose the correct alternative)
विकल्प
1.62 times
1.82 times
1.55 times
1.92 times
MCQ
रिक्त स्थान भरें
उत्तर
Inventory turnover ratio for the year 2020 will be 1.92 times.
Explanation:
Inventory turnover ratio = `"Cost of revenue from operations"/"Average Inventory"`
`= (₹ 24,00,000 - ₹ 2,88,000)/(11,00,000)`
`= (₹ 21,12,000)/(₹ 11,00,000)`
= 1.92 times
Gross Profit Ratio = `"Gross Profit"/"Revenue from Operationas"`
Gross Profit = 12% of ₹ 24,00,000
= ₹ 2,88,000
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Types of Ratios
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