Answer / phaneendra

cost of goods sold/avarege stock*100

Answer / phani

This ratio establishes relationship b/w the cost of goods
sold during a given period and the average amount of
inventory carried during that period.
It indicates whether the stock has been efficiently used or
not,the purpose being to check up whether only the required
minimum has been locked up in stocks.
FORMULA:
cost of goods sold /avarage stock*100

asked about project work done in mba

1 Answers   Karvy,

---

what is bonds

6 Answers  

---

With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

0 Answers  

---

what do you mean by debt equity ratio?

17 Answers   Arvind, Capital IQ, Raymond, Su Kam,

---

EXPAND_________WDV

3 Answers  

---

---

WHO ARE THE PROMOTERS?

2 Answers  

---

What is depreciation and how many methods are using explain With examples

4 Answers  

---

what is the difference between Purchase order and invoice

7 Answers  

---

Chq of Rs- 50000 recived from sunil Traders

5 Answers   Aventis Electronics,

---

A business unit disposes an old asset at a rate higher than its written down value. Then how it will be recorded and under what head of income

1 Answers  

---

what is global currinces

1 Answers   Deloitte,

---

what is break even point?

31 Answers   ADP, College School Exams Tests,

---