MCQOPTIONS
Saved Bookmarks
| 1. |
"For the financial year ended as on March 31, 20XX the figures extracted from the balance sheet of Xerox Limited as under:Opening Stock Rs 29,000; Purchases Rs 2,42,000; Sales Rs 3,20,000; Gross Profit 25% of Sales.Stock Turnover Ratio will be" :- |
| A. | 8 times |
| B. | 6 times |
| C. | 9 times |
| D. | 10 times |
| Answer» B. 6 times | |