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How to calculate turnover of a company?
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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 |
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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