Mathematics · Ratio Analysis
Determine the value of Revenue from Operations (Sales) with the following financial data: Acid Test Ratio = 1.2 Current Ratio = 1.5 Current Liabilities = ₹4,00,000 Inventory Turnover Ratio = 5 times (Assume all sales are at cost, or options represent Cost of Revenue from Operations)
- 1₹6,50,000
- 2₹6,00,000✓
- 3₹5,50,000
- 4₹5,00,000
Correct answer
₹6,00,000
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