44. From the given information, calculate the following ratios:
(i) Operating Ratio
(ii) Inventory Turnover Ratio
Information:
| Cash Revenue from Operations | Rs. 10,00,000 |
|---|---|
| Credit Revenue from Operations | 120% of Cash Revenue from Operations |
| Operating Expenses | 10% of Total Revenue from Operations |
| Rate of Gross Profit | 40% |
| Opening Inventory | Rs. 1,50,000 |
| Closing Inventory | Rs. 20,000 more than Opening Inventory |
Marks-4, CBSE:2018-19/Comp/Q-20*
