Stock Turnover Ratio?

Answer Posted / vinotha.v

stock turnover ratio =

COST OF GOODS SOLD / AVERAGE STOCK*100

COST OF GOODS SOLD = SALES_ GROSS PROFIT
OR
OPENING STOCK + PURCHASE + DIRECT EXPENSES - CLOSING STOCK

Is This Answer Correct ?    22 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

please send me some previous sbi clerical interview questions to my email id....

1649


ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

1538


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

1532


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1778


what are micro-cap, small-cap, mid-cap, large-cap companies?

1749






Expand CASA

1600


What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?

1415


Why do you want to work with us

1808


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1418


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1470


How to maintain Purchase Orders ? Please explain by proper format.

1776


please give me a last 10 years sbi clerk question and answer paper

1503


what is ledger account

1588


Explain valuation methods of Normal and Abnormal loss

1576


If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

1565