Question : Inventory Turnover Ratio of a company is 3 times. State, giving reason, whether the ratio improves, declines or does not change because of an increase in the value of closing stock by RS 5,000.

Option 1: Increase

Option 2: Decrease

Option 3: No change

Option 4: Can't say

Question : Inventory Turnover Ratio of a company is 3 times. State, giving reason, whether the ratio improves, declines or does not change because of an increase in the value of closing stock by RS 5,000.

Option 1: Increase

Option 2: Decrease

Option 3: No change

Option 4: Can't say

Question : Opening inventory Rs.1,00,000: Closing inventory Rs.1,50,000: Purchase Rs.6,00,000: Carriage Rs.25,000: Wages Rs. 2,00,000. calculate inventory turnover ratio -

Option 1: 7.4 Times

Option 2: 6.2 Times

Option 3: 7 Times

Option 4: 6.6 Times

Question : From the following information related to a company  Opening inventory of Rs.20,000; Closing inventory of Rs.22,000; Purchases of Rs.80,000;

Wages Rs.9,000; Carriage outwards Rs.2,000; Returns outwards Rs. 1,000; Revenue from

operations Rs.80,000; Carriage inwards Rs.4,000; Rent Rs.5,000. 

The inventory turnover ratio will be ------------

Option 1: 4 times

Option 2: 4.28 times

Option 3: 3 times

Option 4: None of the above

Question : From the following information related to a company  Opening inventory of Rs.20,000; Closing inventory of Rs.22,000; Purchases of Rs.80,000;

Wages Rs.9,000; Carriage outwards Rs.2,000; Returns outwards Rs. 1,000; Revenue from

operations Rs.80,000; Carriage inwards Rs.4,000; Rent Rs.5,000. 

The inventory turnover ratio will be ------------

Option 1: 4 times

Option 2: 4.28 times

Option 3: 3 times

Option 4: None of the above

Question :

From the following data, calculate Inventory Turnover Ratio:
Total Sales Rs. 5,00,000; Sales Return Rs. 50,000; 
Gross Profit Rs. 90,000; Closing Inventory Rs. 1,00,000; Excess of Closing Inventory over opening inventory Rs. 20,000.

Option 1: 6 Times

Option 2: 4 Times

Option 3: 3 Times

Option 4: 5 Times