मराठी

Cost of Revenue from Operations, Inventory Turnover Ratio ₹ 7,20,000, 4 Times Find out the value of opening inventory and closing inventory if closing inventory is 80% of opening inventory. - Accounts

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प्रश्न

Cost of Revenue from Operations ₹ 7,20,000
Inventory Turnover Ratio 4 Times

Find out the value of opening inventory and closing inventory if closing inventory is 80% of opening inventory.

संख्यात्मक
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उत्तर

Inventory Turnover Ratio = `"Cost of Revenue from Operations"/"Average Inventory"`

4 = `(₹ 7,20,000)/("Average Inventory")`

Average Inventory = `(₹ 7,20,000)/4`

= ₹ 1,80,000

Let Opening Inventory = x

Closing Inventory = 80% of opening inventory

Average Inventory = `("Opening Inventory" + "Closing Inventory")/2`

Average Inventory = `("Opening Inventory" + "80% Opening Inventory")/2`

₹ 1,80,000 = `((1 + 80/100) "Opening Inventory")/2`

`(1 + 80/100)` Opening Inventory = ₹ 3,60,000

`180/100` Opening Inventory = ₹ 3,60,000

Opening Inventory = `(₹ 3,60,000 xx 100)/180`

Opening Inventory = ₹ 2,00,000

Closing Inventory = 80% (2,00,000)

= ₹ 1,60,000

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पाठ 14: Ratio Analysis - PRACTICAL QUESTIONS [पृष्ठ १४.१२७]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 14 Ratio Analysis
PRACTICAL QUESTIONS | Q 57. | पृष्ठ १४.१२७
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