what is stock?
Answers were Sorted based on User's Feedback
Answer / narendra
Stock is stock of Raw Material availiable in factory or
manufacturing industry after sending the R.M. for process
of finished goods. It also contain the Semi Finished and
Finished goods. The value of Stock is mentioned as opening
and closing stock in profit and loss a/c as on particuler
date.
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / shoukatali
Imagine that you own a business. If you were to divide that
business up into small pieces and sell those pieces, you
would essentially have issued stock. Quite simply, STOCK IS
OWNER SHIP IN A COMPANY
The money you raise from selling those "pieces" of your
business can be used to build new plants and facilities,
pay down debt, or acquire another company. A smart owner
will keep at least 51% of the stock, which will allow them
to retain control of the day to day activities. Any person
or institution that owns over a majority of the stock is
called the "controlling shareholder". Essentially, this
person can do anything they want - right down to firing the
CEO.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / venkat reddy
stock is an instrument which represents an ownership position in the corporation and represents a claim on its proportional share in the corporations assets and profits..
Is This Answer Correct ? | 0 Yes | 0 No |
stock is defined several meanings in several situations.
1.stock is an instrument that signifies ownership position.
2. stock is an asset it is important to every manufacturing
business. through the stock we earn profits.
3. stocks are in different situations in factory. these are
3 levels of stock.
--- raw material.
---work-in-progress.
---finished goods
Is This Answer Correct ? | 0 Yes | 0 No |
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