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How to Calculate Turnover?

Answers were Sorted based on User's Feedback



How to Calculate Turnover?..

Answer / vishal pai kuchelkar

gross sales for the year means a turnover 0f the company

Is This Answer Correct ?    93 Yes 21 No

How to Calculate Turnover?..

Answer / ravi

turn over will be caluculated on sales generally
turn over is caluculated on gross sales because net sales
include taxes if we deuct tax we get actual sales actual
sale can be treated as gross sale & it can also be treated
as turn over

some times it is caluculated on net sales
eg- sales-sales returns we get net sales

Is This Answer Correct ?    57 Yes 16 No

How to Calculate Turnover?..

Answer / cockster

It depends on what kind of turnover you are asking. If you are asking for a turnover as sales revenue... then it will be the gross sales. Or are you asking for assets turnover, debtors turnover, stock turnover, alot more. Pls specify.

Is This Answer Correct ?    27 Yes 8 No

How to Calculate Turnover?..

Answer / pushpa mohan

Generally we take total of Annual Net Sales

Is This Answer Correct ?    14 Yes 11 No

How to Calculate Turnover?..

Answer / vasvanand hatheli

If We Calculate Turn Over for the Financial Year We Should Dmeed Total Sale in a financial year.

Is This Answer Correct ?    2 Yes 0 No

How to Calculate Turnover?..

Answer / rajesh

cost of sales\capital employed

Is This Answer Correct ?    8 Yes 27 No

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Liabilities: 2006 2007 Assets 2006 2007 Trade Creditiors 100 40 Cash atBank 100 65 Bills Payable 50 60 Account/R 105 120 Outstanding Expenses 25 20 B/R 130 140 Bonds Payable 220 140 Inventory 110 40 Accumulated Depreciation: Machinery 120 160 -on Machinery 30 35 Building 300 310 -On Building 75 85 Land 60 130 Reserves 100 115 Patents 55 60 Retained Earning 130 170 share Capital 250 360 Profit from operation after providing Rs.10,000as depreciation on building and Rs.10,000 on machinery and Rs.5,000 as amortization on patents for the year 'April 06- March07' was Rs.35,000. Other revenues for the year were Rs.40,000. An old machine with original cost of Rs.15,000 was sold at a loss of rs.5,000. Prepare Fund Flow Statment and Cash Flow Statment for the year ending March 31 2007 based on the information given above.

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