state gov JKSSB Account Assistant Mock Test 2023 Accountancy Financial Statement Analysis Ratio analysis
Cost of Goods Sold Rs. 1,50,000; Closing Stock Rs. 60,000; Excess of Closing Stock over Opening Stock Rs. 20,000. What is the Inventory Turnover Ratio?
1
4 times
2
3 times
3
2.14 times
4
1.5 times