A firm has inventory turnover of 6 and cost of goods sold is Rs. 7,50,000. With better inventory management, the inventory turnover is increased to 10. This would result in
A. | Increase in inventory by Rs. 50,000 |
B. | Decrease in inventory by Rs. 50,000 |
C. | Decrease in cost of goods sold |
D. | Increase in cost of goods sold. |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |