MCQOPTIONS
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| 1. |
ABC holds an average inventory of ` 36,000(CP) with an inventory turnover of 5 times. If the firm makesa gross profit of 25% on sales, find the total sales of the company |
| A. | 2,40,000 ; |
| B. | 2,10,000 ; |
| C. | 2,00,000 ; |
| D. | 1,80,000 |
| Answer» B. 2,10,000 ; | |