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Inventory Turnover
In the accounting, a measure of the number of times that the average amount of inventory on hand is sold within a given time of period. In the other manner, the inventory turnover ratio shows how many times an organization "emptied its warehouse" over a particular time period. This ratio is calculated by dividing the cost of goods sold for a specified period of time by the average amount of inventory on hand for that similar time period (average inventory is calculated by adding starting inventory and ending inventory for a given time period and after that dividing the sum by two), or
Explain about the term- Contingent liabilities Under IAS 37 provisions, contingent assets and contingentliabilities, contingent liabilities aren't recognised in the financia
State the Examples of tests of controls: Check bank reconciliation has been reconciled as approved by chief accountant. Observe buyer checking the goods received note a
Q. Explain about Baumol Model? Baumol Model: - Baumol model is a mechanism of cash management which is used to determine optimum cash balance. Optimum cash balance is resolute
discuss the applicability of operation cycle in avegetable growing business
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Define the in- order-driven according to trade intermediation. In- order-driven markets: In order-driven markets, buyers and sellers trade unswervingly without any intermedi
Lenders in the US insist upon some kind of mortgage insurance. There are broadly two types of mortgage insurance - one is
Calculate the Future Value of an Annuity: Annuity is stated as periodic payment every period for a number of periods. This periodic payment is the same each year only then it c
VK Ltd a multi-product Company, furnishes you the following data relating to theyear 2000.First Half of the year Second Half of the yearSales Rs. 45,000 Rs. 50,000 Total Cost Rs. 4
company A is expecting to sell 10,000 cases in july, 20,000 cases in Augest, and 30,000 in september of year 2. selling price per caseis 30%.All sales are on account. The sales are
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