Answer Posted / ravichandra
stock turnover ratio show the relationship between cost of
goods sold and average stock.
formula
= cost of goods of sold/average stock
average stock= opening stock+closing stock\2
| Is This Answer Correct ? | 24 Yes | 4 No |
Post New Answer View All Answers
You have joined company yesterday then you are Appling B1 visa today. why so urgent.
In sales what rule applicable
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
what is the system of accounting and banking in cooperative bank?
what is an advance against expenses
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
What is the difference between Risk, Threat & Hazard?
why funds management doc is generated during migo and miro
Expand BEMS
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
can u let me know how the bankers calculate interest on O.D.account
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
How do you handle lack of direction or working in chaos
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?