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12. Revenue from operations $960.000; Gross Profit Ratio 25%; Opening inventory $100.000, Closing inventory $60.000. Inventory Turnover Ratio will be: a) 10 Times b) 9 Times c) 8 Times c) 12,5 Times d) 15 Times

12. Revenue from operations $960.000; Gross Profit Ratio 25%; Opening inventory $100.000, Closing inventory $60.000. Inventory Turnover Ratio will be: a) 10 Times b) 9 Times c) 8 Times c) 12,5 Times d) 15 Times

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please give solution of questions no. 2
11 Dec 2021 The capital of Juhi Ltd. is as follows: $50,000 Preference dividend Number of Equity shares $8,000 Profit After Tax $250,000 P/E ratio 6 times What will be the market price of the stock?, (A) 5 165 (B) 5 150 (C) $ 180 (D) $ 196 12. Revenue from operations $960.000; Gross Profit Ratio 25%; Opening inventory $100.000, Closing inventory $60.000. Inventory Turnover Ratio will be. a) 10 Times b) 9 Times c) 8 Times c) 12,5 Times d) 15 Times
Transcribed Image Text:11 Dec 2021 The capital of Juhi Ltd. is as follows: $50,000 Preference dividend Number of Equity shares $8,000 Profit After Tax $250,000 P/E ratio 6 times What will be the market price of the stock?, (A) 5 165 (B) 5 150 (C) $ 180 (D) $ 196 12. Revenue from operations $960.000; Gross Profit Ratio 25%; Opening inventory $100.000, Closing inventory $60.000. Inventory Turnover Ratio will be. a) 10 Times b) 9 Times c) 8 Times c) 12,5 Times d) 15 Times
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