Question
Calculate the inventory turnover
ratio: Refer to the following information: ÂSolution
 Inventory turnover ratio = 11,76,000/30,000 Inventory turnover ratio = 39.2 Times Cost of goods sold = Net Sales (-) gross profit 1200000 (-) 2% X 1200000 1200000 (-) 24000 1176000 Net sales = Cash sales + Credit Sales (-) Return Inwards 800000 + 400000 (-) 0 1200000 
 = 30000
What category did India achieve in the FATF Mutual Evaluation?
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). You are to examine these two statements carefully an...
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
Geetika is a supervisor at a call centre. She monitors her employees' calls and keeps a record for each employee of times when they provided exceptiona...
In which of the following LOCs, the beneficiary is liable on a bill drawn by him under an LC?
What are the mismatch tolerance levels for time bucket of 15 – 28 days in the ALM statement?
Pillar I of Basel III covers 3 types of risks. Which of the following is not one among them?
What is the objective of the IFSCA Act?
Which ethical theory challenges traditional principles and emphasizes caring relationships?
Which of the following are usually trader over the counter:
