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Stock turnover ratio is 2.5 times …

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Stock turnover ratio is 2.5 times average stock is Rs. 40000 what will be cost of good sold if profit 25% cost?

  • 1 answers

Pooja Rajput 7 years ago

Inventory turnover ratio =                                  cogs/average inventory

Given

Inventory turnover ratio=2.5 times

Average inventory=40000

Cogs=2.5 × 40000=[100000]ans.

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