Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / lakshmi
stock turnover ratio = Cost of goods sold/Average stock
where, Cost of goods sold is Opening stock + Purchases +
Direct expenses-closing stock
Average stock is openeing stock + closing stock /2
| Is This Answer Correct ? | 12 Yes | 3 No |
Post New Answer View All Answers
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Expand------ARN
Short Answer on _________Commerce
What is account
institutional investors?
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
what did you mean by cash credit limit account ?
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
company accounts introduction?
Name the Accounting Concepts
what is the process of excise duty?
Expand---------SDRT?
what do you mean by financial analysis and technical analysis ?
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
Assets are held in the Business for the purpose of____________________
