BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accountancy Financial Statement Analysis Ratio analysis
Opening inventory Rs 28,000
Closing inventory Rs 52,000
Revenue from operations Rs 6,00,000
Gross profit 25% on cost of revenue from operations
Inventory turnover ratio will be:
1
17.75 times
2
18.75 times
3
12 times
4
16 times
5
10 times