What do you mean by Turnover

Answer Posted / syeda shadab

everyone has written turnover is the sales figure of the company.i want to ask everyone the sales are mostly down in the FMCG companies.that means for the I.T copanies they doesnt have the turnover of their companies.
turnover is not the sales figure or the market figure.it is the difference between the liabilities and the assets.

turnover can be calculated as

=LIABILITIES-ASSETS (of the company)

Is This Answer Correct ?    6 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the suggestions to control NPA in rural areas?

3558


Expand---------MRDT

1791


i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

1808


what is the uniform public construction cost accounting act?

1586


Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

1599






Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1833


Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1206


EXPAND_________SEC

1781


which name written in Tan application form Applicant is sole proprieter companies name or individual name?

1471


please explain the uses of internate protocol address(ip add)?

1684


what is Exposure ?

1505


What will be entry pass in tally if TDS paid by Credit Card.?

1587


Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1403


Accounting related interview questions on ibm

933


KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)

1544