Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / chetanaroopa
Stock turnover ratio or inventory turnover ratio means a
considerable amout of capital tied up in financing the raw
material,work in progress and finished goods. It is
importent to ensure that the level of stocks kept as low as
possible,consistent with need to fulfil customer's orders
in time
stock turnover ratio= cost of goods sold
---------------------
avg inventory
avg inventory=(opening stock+closing stock)/2
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
EXPAND_________SCM
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
Define control account Thanks
how to download online - old ECR CHALLANS
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
In sales what rule applicable
What is the Formula For Return on Working Capital
Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
