Answer Posted / ravi
if it is inventory turn over ratio then = c.o.g.s/avg stock
where as c.o.g.s = op.stock+purchases+d.exp-c.stock
if it is debtor turn over ratio = cr sales/ avg
receivables where as average receivables =
opening+closing/2 if closing is not given take the amount
which was given directly
| Is This Answer Correct ? | 6 Yes | 0 No |
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