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in Ratio Analysis by (63.4k points)

The inventory turnover ratio of a company is 4 and its cost of revenue from operations is 2,40,000 then average inventory will be : 

(a) 9,60,000 

(b) 1,80,000 

(c) 1,20,000 

(d) 60,000

1 Answer

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Best answer

Correct answer is (d) 60,000

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