Interested to Buy Any Domain ? << Click Here >> for more details...
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
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
what is crisil?what is the advantage of crisil rating?
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
What is fixed liabilities
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
let me know the meaning and Nature of cash
What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry
Expand-----RTD
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
business sepsarate entity concepts
difference between vat 47 & vat 49
write about an e-mail to manager seeking permission for leave
Short Answer on ______________House Rent allowance
Expand MNS
