Bissoy.com
Doctors Medicines MCQs Q&A

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 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: Correct Answer Decrease in inventory by Rs. 50,000

Related Questions

A firms has inventory turnover of 3 and cost of goods sold is Rs. 2,70,000. With better inventory management, the inventory turnover is increased to 5. This would result in
There are six dealers - P, Q, R, S, T and U, of electronic appliances who have sold the different number of appliances - 25, 37, 40, 41, 45 and 46 in a particular month (not necessarily in the same order). T has not sold the highest number of appliances but has sold more than P. The number of appliances R has sold is in a multiple of 2. The number of appliances U sold is in a perfect square. Q has sold more appliances than R but less than T. P has sold more appliances than U but less than R. Who among the following has sold the third highest number of appliances?
A and B bought two goods for Rs. 6000 and Rs. 4000 respectively. The selling price of B’s goods was 25% more than its cost price whereas the selling price of A’s goods was x% more than its cost price. If the selling price of A’s goods was Rs. 2500 more than the selling price of B’s goods, then find the ratio between selling price of A’s goods and cost price of B’s goods?
Given below are two statements. One is labelled as Assertion (A) and the other is labelled as Reason (R).  Assertion (A): If the firm is prepared to incur increased cost on transportation, it may be in a position to reduce its inventory cost  Reason (R) : As in such a case, the firm can use the fastest mode of transport and rush the goods / stocks to the desired warehouse, unmindful of the cost of transportation  In the context of the above two statements related to logistics management, which of the following options is correct  1. Both A) and R) true and R) is the correct explanation of A) 2. Both A) and R) true but R) is NOT the correct explanation of A) 3. A) is true but R) is false 4. A) is false but R) is true 
A company sold six different cars Swift, Santro, Creta, Audi, I10 and Magna during a period of Monday to Saturday. Only one car was sold on a particular day. No car was sold twice. Atleast four cars were sold after the car Santro. The car Magna was sold on Tuesday. The car Audi was sold immediately after the car Creta and car Creta was sold atleast before three cars. Both the cars Santro and I10 were sold atleast before one car. On which day was Swift car sold?
There are two shops A and B which sold crackers on Diwali on 3 days – Monday, Tuesday and Wednesday. The average number of crackers A and B sold in the three days is 21 and 25 respectively. The number of crackers shops A sold on Wednesday is double than the number of crackers it sold on Tuesday. The number of crackers A sold on Wednesday is one more than the number of crackers B sold on the same day. B sold 10 more crackers on Tuesday than A. Find the difference in the number of crackers A and B sold on Monday?
Shopping goods have which of the following features? a) These products are generally durable in nature b) Consumers generally compare the goods of various sellers and then buy such goods c) Per unit price of these goods is generally high d) These goods are regularly and continuously in demand e) These goods are sold as a result of aggressive promotional efforts Choose the right answer from the option given below:
Shopping goods have which of the following features?
I. These products are generally durable in nature
II. Consumers generally compare the goods of various sellers and the buy such goods
III. Per unit price of these goods is generally high
IV. These goods are regularly and continuously in demand
V. These goods are sold as a result of aggressive promotional efforts
Choose the right answer from the options given below:
Study the given bar graph and answer the question that follows. The given bar graph represents the Sales Turnover (in Rs. crore) of five automobile companies A, B, C, D and E during 2014-2015 and 2015-2016. The X-axis represents the Companies, and the Y-axis shows the Sales Turnover (in Rs. crore). (The data shown here is only for mathematical exercise. They do not represent the actual figures of the company.) By what percentage is the average sales turnover of all the companies combined in 2015-2016 more than the average sales turnover of the companies A, C and E in 2014-2015 (to the nearest whole number)?
Study of given bar graph and answer the question that follows. The given bar graph represents the Sales Turnover (in Rs. crore) of five automobile companies A, B, C, D and E during 2014-2015 and 2015-2016. The X-axis represents the Companies, and the Y-axis shows the Sales Turnover (in Rs. crore). (The data shown here is only for mathematical exercise. They do not represent the actual figure of the company.)  If there was an increase of 25% in the average of the sales turnover of all the companies together in 2014-2015 from that in 2013-2014, then what was the average (in Rs.crore, up two decimal places) of the sales turnover of all the companies together in 2013-2014?