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Commerce · Q1078

Costing

Graduate and Post Graduate · Commerce · question 1078

Q1078

Inventory turnover in days = Days during the period ÷ . . . . . . . .

A.
inventory turnover ratio
Answer
B.
material consumed during the period
C.
cost of average stock during the period
D.
None of these

Answer: Option A

Solution

Answer: Option A
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