Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sam
Stock Turnover Ratio = Cost of Goods Sold/Average Stock
For year 2008 = 7.2067 times
For year 2007 = 6.556 times
Analysis:- Stock turnover ratio shows that every rupee
invested in stock has been used to achieve more sales. A
firm with high ratio can sell even at a low margin.A higher
ratio indicates that the firm is making higher sales and
that it’s storage cost is low.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
Expand----------CMST
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
How can you actualize cah flows of 5 years at 8%
institutional investors?
define accounting,scope of account , types of account ?
Expand---------OST
What type of question generally asked in Brokerage Firm ?
How do you manage the sales account in tally
Do you need an income statement if you do part time contract work at home?
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
impairment & Amortisation Means
Expand DEHM
differences between liabilities and assessts
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
