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How to calculate turnover of a company?

Answers were Sorted based on User's Feedback



How to calculate turnover of a company?..

Answer / anjali

turnover is the gross sales of a company and it includes the
assets, debtors, etc., of the company.

Is This Answer Correct ?    16 Yes 1 No

How to calculate turnover of a company?..

Answer / ravi

Formulae = cost of goods sold /avg stock

cost of goods sold = op stock+purchases+ direct exps -closing stock

cost of goods sold - sales-g/p

avg stock - op+clo/2

Is This Answer Correct ?    5 Yes 0 No

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