Cost of goods sold Rs 30 000 opening Inventory Rs 9 000 Closing-14835
Cost of goods sold Rs. 30,000,opening Inventory Rs. 9,000,Closing inventory Rs. 7,800.What was the inventory turnover ratio?
This multiple choice question (MCQ) is related to the book/course vu mgt402 Cost & Management Accounting. It can also be found in vu mgt402 Final Term - Quiz No.13.
Cost of goods sold Rs. 30,000,opening Inventory Rs. 9,000,Closing inventory Rs. 7,800.What was the inventory turnover ratio?
3.57 times
3.67 times
3.85 times
5.36 times