Since the interest rates on fixed deposits are very low as
compared to the other growth oriented investment options,
what are the permitted investment options that a public
trust like that of a private school or small credit
societies have and which are permitted by charity
commissioner, Mumbai
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Cheque Cancillation Memo
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I know that rate of stock turnover = cost of goods sold/ average of stock. average of stock = (opening stock + closing stock)/ 2 what happens if it is a new business with no opening stock? do u take closing stock/2 or simply just take closing stock as the average stock figure?
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