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Consider the following information regarding Satish Ltd. Annual cost of sales : Rs.36,00,0

Consider the following information regarding Satish Ltd. Annual cost of sales : Rs.36,00,000 Opening stock of finished goods : Rs.50,000 Finished goods storage period : 5 days Assuming 360 days in a year, the closing stock of finished goods is


[A]Rs.40,000
[B]Rs.50,000
[C]Rs.60,000
[D]Rs.1,20,000

Jan 01 2018 View more View Less

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