Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk.

Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ?

Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ? ?

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Institution: Janata Bank Ltd Exam: Janata Bank Ltd - Executive Officer - 26.06.2015 ||
Topic: Mathematics (সাধারণ গণিত) Subject: Business Education (ব্যবসায় শিক্ষা)

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Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ? ?

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