84 :- From the following information, calculate Inventory Turnover Ratio:
Revenue from Operations 16,00,000
Average Inventory 2,20,000
Gross Loss Ratio 5%
85 :- Revenue from Operations Rs 4,00,000; Gross Profit Rs 1,00,000; Closing Inventory Rs 1,20,000; Excess of Closing Inventory over Opening Inventory Rs 40,000. Calculate Inventory Turnover Ratio.
86 :- From the following information, calculate Inventory Turnover Ratio:
Total Sales Rs 10,00,000; Sales Return Rs 1,00,000; Gross Profit Rs 1,80,000; Closing Inventory Rs 2,00,000; Excess of Closing Inventory over opening Inventory Rs 40,000.
87 :- Rs 2,00,000 is Cost of Revenue from Operations (Cost of Goods Sold), during the year. If Inventory Turnover Ratio is 8 times, calculate inventories at the end of the year. Inventories at the end is 1.5 times that of in the beginning.