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?

1 Answers  

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which are the basic princeples of accountancy... with examples

0 Answers   Family Credit, Standard Bank,

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what is tha p/e ratio?

10 Answers   Capital IQ, Edelweiss,

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wht can u do for the growth of bhel?

0 Answers   Dalmia Group,

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Which points are include and which point are exclude from Bank Reconciliation (balance as per our book)?

1 Answers  

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What are motive behind mergers And acquisitions?

0 Answers  

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Do you need a loan?

2 Answers  

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Expand C C I T

2 Answers  

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Why did you leave previous job?

5 Answers   ABN AMRO, Genpact, ICICI, India Infoline,

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expand L R

1 Answers  

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what is Bank Reconciliation?

2 Answers   EDS,

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I AM WORKING IN THE CORPORATE (HEAD OFFICE)OF A FINANCE COMPANY. I CO-ORDINATE FOURTEEN BRANCHES IN DELHI. AND MY JOB PROFILES ARE BANK RECONCILIATION,CASH RECONCILIATION, MIS,TRAINING TO THE JR.EXECUTIVES,BRANCH VISIT,SUPPORTING TO BRANCH,ETC. THE QUESTION WAS WHAT U DO FOR UR BRANCH? I TOLD MY ALL JOB PROFILE BUT IT WAS NOT A GOOD ANSWER. WHAT TO SAY FOR THE NEXT TIME?

5 Answers   Genpact, HCL,

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