Question
What is the stock turnover ratio of the company for the
year ended 31 March 2020? Refer to the following information to answer the next 4 questions (Q5 to Q8) ÂSolution
Stock turnover ratio = Cost of goods sold / Average stock  Cost of goods sold = 3,00,000 (calculated earlier) Average stock = (opening stock + closing stock) / 2 = (76250 + 98500) / 2 = 87,375  Stock turnover ratio   = 300,000/ 87,375 = 3.43 times
The TReDS platform, Receivables Exchange of India Ltd (RXIL) is jointly promoted by SIDBI with _________ Â
A ___________ is a type of letter of credit which authorises the Advising Bank, to transfer the credit available to one or more other beneficiaries at t...
Which type of issue is made to existing shareholders in a specific ratio?
What are the needs listed in Maslow's pyramid from bottom to top?
Depreciation is charged on which among the following?
Exchange differences are treated where?
On September 03, a saving bank customer in India, requests for issue a USD 10000. Theinter-bank currency rates are as under:
Spot rate: 1 USD = R...
What is the key aspect of ethical decision-making in a professional setting?
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A) Â Â Â Â Â Â Â Forecasting
B) Â Â Â Â Â Â Â Choice among alternati...
