44. From the given information, calculate the following ratios:
(i) Operating Ratio
(ii) Inventory Turnover Ratio
Information:
Cash Revenue from Operations | Rs. 10,00,000 |
---|---|
Credit Revenue from Operations | 120% of Cash Revenue from Operations |
Operating Expenses | 10% of Total Revenue from Operations |
Rate of Gross Profit | 40% |
Opening Inventory | Rs. 1,50,000 |
Closing Inventory | Rs. 20,000 more than Opening Inventory |
Marks-4, CBSE:2018-19/Comp/Q-20*