Question 30 Chapter 7 -Unimax Publication Class 12 Part 2

Question 30 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

Table of Contents

30. From the following calculate stock turnover ratio:

The solution of Question 30 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

Average stock	=	Opening stock+closing stock
		2

Advertisement-X

	=	24,000 +26,000
		2

	=	50,000	=	₹25,000
		2

C.O.G.S	=	opening stock + net purchases + direct taxes – closing stocks.
	=	24,000 + 73,000 + 29,000 – 26,000
	=	1,26,000 – 26,000
	=	1,00,000

Thanks, Please Like and share with your friends

Comment if you have any Doubts.

Accounting Ratios – Meaning and Definition

Chapter No. 1 – Company Accounts (Share Capital)
Chapter No. 2 – Company Accounts (Issue of Debentures)
Chapter No. 3 – Company Accounts (Redemption of Debentures)
Chapter No. 4 – Financial Statements of a Company
Chapter No. 5 – Financial Statement Analysis
Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 7 – Ratio Analysis
Chapter No. 8 – Cash Flow Statement

Advertisement-Y