Question

Cost of revenue from operations Rs. 3,00,000; 

Inventory in the beginning of the year Rs. 60,000; 

Inventory at the close of the year Rs. 40,000. 

Inventory turnover ratio is 

(a) 2 times 

(b) 3 times 

(c) 6 times 

(d) 8 times

Answer 1

The correct answer is : (c) 6 times