The inventory turnover ratio of a company is 4 and its cost of revenue from operations is 2,40,000 then average inventory will be :
A. 9,60,000
B. 1,80,000
C. 1,20,000
D. 60,000
Answer:D
The inventory turnover ratio of a company is 4 and its cost of revenue from operations is 2,40,000 then average inventory will be :
A. 9,60,000 B. 1,80,000 C. 1,20,000 D. 60,000