4. The total sales of a firm are 4,00,000. It has a gross profit margin of 20...

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4. The total sales of a firm are 4,00,000. It has a gross profit margin of 20 per cent. If the company has an average inventory of *50,000, determine the inventory turnover.

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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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4. The total sales of a firm are 4,00,000. It has a gross profit margin of 20 per cent. If the company has an average inventory of *50,000, determine the inventory turnover.
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4. The total sales of a firm are 4,00,000. It has a gross profit margin of 20...

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Financial Management

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