Accounting MCQs Accounting Mcqs
Q Riaz holds an average inventory of 36,000(CP) with an inventory turnover of 5 times. If the firm makes a gross profit of 25% on sales, find the total sales of the company.
  • A A. 2,40,000
  • B B. 2,10,000
  • C C. 2,00,000
  • D D. 1,80,000
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