From the following data for the year ended 31 December 2009, calculate the inventory turnover ratio of two items, and put forward your comments on them Material X Material Y Opening stock (1 January 2009) 20,000 18,000 Purchasing during the year 1,04,000 54,000 Closing stock (31 December 2009) 12,0...

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From the following data for the year ended 31 December 2009, calculate the inventory turnover ratio of

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From the following data for the year ended 31 December 2009, calculate the inventory turnover ratio of two items, and put forward your comments on them:

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Cost Accounting

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From the following data for the year ended 31 December 2009, calculate the inventory turnover ratio of

Question:

Material X Material Y Opening stock (1 January 2009) 20,000 18,000 Purchasing during the year 1,04,000 54,000 Closing stock (31 December 2009). 12,000 22,000

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Cost Accounting

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