XYZ Ltd reported total credit sales of Rs.12,80,000 at a gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, what is the average inventory that the company should carry?
Inventory Turnover = CoGS/Average inventory Or Average Inventory = COGS/inventory Turnover COGS = Sales – gross profit = 12,80,000 – 15% of 12,80,000 = 1,088,000 So Average inventory = 1088000/4 = 272,000
In the following question, select the wrong number from the given alternatives.
43, 50, 64, 85, 113, 138
Select the wrong term in the series.
44, 47, 41, 50, 38, 53, 40
In the following question, select the wrong number from the given alternatives.
52, 26, 26, 52, 208, 1644
Find the wrong number.
17, 25, 37, 47, 65, 81
In the following question, select the wrong number from the given alternatives.
48, 50, 52, 57, 59, 68, 75
Select the wrong term from the given series?
RFD, OBY, LXT, ITO, FSK
Select the number from among the given options that is wrong in the following series.
22, 30, 46, 78, 146, 270
Find the wrong number in the given series.
5, 3, 6, 17.25, 64.75
3. 8, 15, 24, 34, 48, 63
Find the wrong term in the series given below.
38, 44, 32, 50, 24, 56, 20
