Q. Determine stock turnover ratio if, Opening stock is Rs 31,000 , Closing stock is Rs 29,000, Sales is Rs3,20,000 & Gross profit ratio is 25% on sales. (Solved)
1. 31 times
2. 11 times
3. 8 times
4. 32 times
- c. 8 times
1. 31 times
2. 11 times
3. 8 times
4. 32 times