1. A firm's sales are 4,50,000, cost of goods sold is 22,40,000 and inventory is 90,000. What...

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1. A firm's sales are 4,50,000, cost of goods sold is 22,40,000 and inventory is 90,000. What is its turnover? Also, calculate the firm's gross margin.

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Financial Management

ISBN: 9789325982291

11th Edition

Authors: I.M. Pandey

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Question Posted: Oct 23, 2024 12:01 PM

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1. A firm's sales are 4,50,000, cost of goods sold is 22,40,000 and inventory is 90,000. What is its turnover? Also, calculate the firm's gross margin.
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1. A firm's sales are 4,50,000, cost of goods sold is 22,40,000 and inventory is 90,000. What...

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Financial Management

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