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Calculate opening TR and closingTR cost …

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Calculate opening TR and closingTR cost of revenue from operation 800000 TR turnover ratio 5 times GP20%

    • Posted by Junior Lion 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Tanisha Garg 5 years, 8 months ago

    Gross profit = 20/100 × 800000 = 160000 Cost of goods sold = 800000- 160000= 640000 5= 640000/average inventory Average inventory = 128000

    5Thank You

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