A company reports sales of Rs. 1,200,000, a gross margin of 25%, and an average inventory of Rs. 100,000. What is the inventory turnover ratio?9 times10 times6 times8 times

A company has a gross profit margin of 40%, operating expenses of Rs. 300,000, and net sales of Rs. 1,200,000. What is the company’s operating profit margin?20%15%10%25%

The inventory turnover ratio is calculated by dividing:Question 17Answera.Average inventory by total assetsb.Cost of goods sold by total assetsc.Average inventory by cost of goods soldd.Cost of goods sold by average inventory

Which ratio is the cost of goods sold divided by the average inventory?Multiple choice question.The inventory turnover ratioThe debt to owners' equity ratioThe return on sales ratioThe current ratio

Purchases Rs. 7,20,000; Office expenses Rs. 30,000; Selling expenses Rs. 90,000; Opening inventory Rs. 1,40,000; Closing inventory Rs. 80,000; Revenue from operations Rs. 12,00,000. Calculate Operating Ratio

Costs of goods sold divided by the company’s average inventory figure would yield which ratio?Multiple Choicecurrent ratiodebt to owner’s equity ratioinventory turnoveracid testreturn on sales ratio