Inventory Turnover Ratio=
A. Cost of revenue from operation/Average Inventory
B. Cost of revenue from operation/Opening Inventory
C. Cost of revenue from operation/Closing Inventory
D. None of these
Answer:A
Inventory Turnover Ratio=
A. Cost of revenue from operation/Average Inventory B. Cost of revenue from operation/Opening Inventory C. Cost of revenue from operation/Closing Inventory D. None of these