Teaching RPSC School Lecturer Mock Test Series 2024 Accountancy Financial Statement Analysis Ratio analysis
Revenue from Operations Rs. 2,00,000; Inventory Turnover ratio 5; Gross Profit 25% on cost. Find out the value of Closing Inventory, if Closing Inventory is Rs. 8,000 more than the Opening Inventory.
1
Rs. 38,000
2
Rs. 22,000
3
Rs. 34,000
4
Rs. 36,000
5
Question Not Attempted