Question
A company has Net Sales = ₹80 lakh, Cost of Goods Sold = ₹60 lakh, Inventory = ₹15 lakh. What is Inventory Turnover Ratio?
More Accounts Questions
- What will be the tax amount for a co-operative society, if its total income for the assessment year 2025-26 is ₹10,000?
- Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?
- Who is responsible for ensuring compliance with the obligations imposed under Chapter IV of the PML Act and for reporting to the Financial Intelligence Uni...
- Company Y acquires 80% of Z for consideration ₹4,00,000. Fair value of identifiable net assets of Z = ₹3,50,000. Calculate goodwill on consolidation.
- A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borrowin...
- 1 What is a special purpose vehicle (SPV) in project finance?
- Which of the following statements is correct?
- Which of the following categories of inventory are typically reported by a company in its financial statements?
- As per RBI norms on agricultural advances, a loan granted for long duration crops will be classified as a Non-Performing Asset (NPA) if the instalment of p...
- What is the primary purpose of the Income Computation and Disclosure Standards (ICDS)?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt