Cost of revenue from operations ₹ 3,00,000; Inventory in the beginning of the year ₹ 60,000; Inventory at the close of the year ₹ 40,000. Inventory turnover ratio is ________.
A. 2 times
B. 3 times
C. 6 times
D. 8 times
Answer:C
Cost of revenue from operations ₹ 3,00,000; Inventory in the beginning of the year ₹ 60,000; Inventory at the close of the year ₹ 40,000. Inventory turnover ratio is ________.
A. 2 times B. 3 times C. 6 times D. 8 times