Stock Turnover Ratio?
Answers were Sorted based on User's Feedback
Answer / phani
This ratio establishes relationship b/w the cost of goods
sold during a given period and the average amount of
inventory carried during that period.
It indicates whether the stock has been efficiently used or
not,the purpose being to check up whether only the required
minimum has been locked up in stocks.
FORMULA:
cost of goods sold /avarage stock*100
Is This Answer Correct ? | 10 Yes | 32 No |
What is a bad credit score?
Expand---------DBPC
cash sales and credit sales both are asset or liability?
how to introduce ourself
14 Answers Infosys, Kamkuo, Voltas,
How to prepare salary ? and what is ctc, Epf, etc...
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
Expand A C H
in tally where depreciation can shown? and how it can be shown?
why is preliminary expense an asset..??
How to Calculate PF with interest or without interest.
I am a new person to Accounting but i want to learn it. Pls help me by sending BASICS Information,reference books and websites.
What is the significance of Journal entry