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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

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 Correct Answer Decrease in inventory by Rs. 36,000

Related Questions

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:
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?
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?
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: The government is working on a plan to set up a waterway freight corridor to connect the mainland with the northeastern states via Bangladesh at a cost of Rs 5,000 crore. The move would substantially reduce the time taken to transport goods to the eight northeastern states and costs.  Which of the following support the idea that the time of transportation will be reduced between the eight northeastern states? Arguments: I.The proposed 900-km waterway would be used to transport freight from the northern and eastern states to the northeast and would start near Haldia in West Bengal, go to the Sundarbans, merge into the Padma river in Bangladesh and then join up with the Brahmaputra in Assam.  II. Currently, highway connectivity to the northeastern states is patchy and transportation of goods by road entails a high cost and takes time. According to the ministry’s estimate, the waterway could help reduce the cost of transportation by about 70%.  III. The government is already developing a waterway along the Ganga river between Haldia and Allahabad (1,620 km) at a cost of Rs 4,500 crore. This link will also be utilised for trade between India and Bangladesh.