Calculate inventory turnvover ratio in eacch of the following alternative cases:
Channel: Doubtnut
Date: 2020-03-29

Calculate inventory turnvover ratio in eacch of the following alternative cases: case 1: cash sales 25% of credit slaes, credit sales Rs 300000,, cross profit 20% on revenue form operations i.e net sales , closing inventory Rs 160000, opening inventoryRs 40000. case 2: cash sales 20% of Total sales, credit sales, Rs 450000, Gross profit 25% on soct , opening inventroy Rs 375000, closing inventoryRs 112500.