The cost of goods sold was Rs 240 000 Beginning and ending-14822
The cost of goods sold was Rs. 240,000. Beginning and ending inventory balances were Rs. 20,000 and Rs. 30,000, respectively. What was the inventory turnover?
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.12.
The cost of goods sold was Rs. 240,000. Beginning and ending inventory balances were Rs. 20,000 and Rs. 30,000, respectively. What was the inventory turnover?
8.0 times
12.0 times
7.0 times
9.6 times
