Teaching Haryana (HPSC) PGT Mock Test 2024 Accountancy Financial Statement Analysis Ratio analysis

Determine stock turnover ratio if, Opening stock is Rs. 31,000. Closing stock is Rs. 29,000, Sales is Rs. 3,20,000 and Gross profit ratio is 25% on sales.

1

8 times

2

11 times

3

14 times

4

32 times

5

Question Not Attempted

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