alleryStart learning →Average stock is Rs 90,000 and COGS Rs 5,40,000. On a 360-day year, stock days are
A90 days
B72 days
C60 days
D30 days
Answer & Solution
Correct answer: C. 60 days
Stock days = 90,000 / 5,40,000 x 360 = 60 days.
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