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Byju's Answer
Standard XII
Accountancy
Working Capital Turnover Ratio
Calculate Gro...
Question
Calculate Gross Profit Ratio from the following data:
Average Inventory ₹3,20,000; Inventory Turnover Ratio 8 Times; Average Trade Receivables ₹4,00,000; Trade Receivables Turnover Ratio 6 Times; Cash Sales 25% of Net Sales.