Answer Posted / syeda shadab
everyone has written turnover is the sales figure of the company.i want to ask everyone the sales are mostly down in the FMCG companies.that means for the I.T copanies they doesnt have the turnover of their companies.
turnover is not the sales figure or the market figure.it is the difference between the liabilities and the assets.
turnover can be calculated as
=LIABILITIES-ASSETS (of the company)
| Is This Answer Correct ? | 6 Yes | 4 No |
Post New Answer View All Answers
What Are The Characteristics Of Modern Accounting?
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
an amount deducted from the catalog price for an item of merchandise is called?
Why do you want to work with us
Expand-------NAST
how can make configration related with electronic bank statment and how can i upload bank statment to system
Expand-------NABT
all of interview question about coop bank of oromia
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
distinguish between price rate and time rate?
Distinguish capital and revenue expenditure
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
what is the meaning of call in arear
What is compensation theorem?