Get Started with ixamBee
Start learning 50% faster. Sign in now
The Inventory Turnover Ratio is calculated using the formula: Inventory Turnover Ratio = Cost of Revenue from Operations / Average Inventory Calculation of Cost of Revenue from Operations: If Gross Profit is 25% on Cost, then for every ₹125 of Revenue, the Cost of Revenue is ₹100. Given Revenue from Operations = ₹2,00,000 (₹50,000 Cash + ₹1,50,000 Credit), the Cost of Revenue = ₹1,60,000. Calculation of Opening Inventory: Opening Inventory = 10% of Cost of Revenue = ₹1,60,000 × 10% = ₹16,000 Calculation of Closing Inventory: Closing Inventory = 3 × Opening Inventory = 3 × ₹16,000 = ₹48,000 Average Inventory: Average Inventory = (Opening Inventory + Closing Inventory) / 2 = (₹16,000 + ₹48,000) / 2 = ₹32,000 Inventory Turnover Ratio = ₹1,60,000 / ₹32,000 = 5 times
If the 5-digit number 535ab is divisible by 3, 7 and 11, then what is the value of (a²-b² + ab)?
Manas ordered 6 Levis jeans and some additional Blackberry jeans. The price of one Levis jeans was twice that of one Blackberry jeans. When the order wa...
The director of a start-up with 8 full-time employees decided to distribute a portion of the annual profit as bonuses to the employees. However, it was ...
Each member of a picnic party contributed twice to their serial number. The total collection was Rs 3042. The (approximate) number of members present in...
Find the sum of all two-digit numbers that are exactly divisible by 5.
The value of
The sum of the squares of two numbers is 250, and the difference between the two numbers is 4. Find the absolute difference between the cubes of these t...
A set consists of four consecutive even numbers and three consecutive odd numbers. The smallest even number is three times the value of the smallest odd...
The population of a town grows by 25% in the first year, declines by 20% in the second year, and rises by 30% in the third year. What is the total perce...
