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opening stock +purchase-sales

=closing stock

Q: What is the meaning of closing stock?

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opening stock +purchase-sales

=closing stock

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Cost of sales = opening stock + purchases-closing stock Cost of sales = opening stock + purchases-closing stock

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Some ways of closing sales are to shake hands. And honestly everyone would do it differently. Depends on the type of sales one is doing. And how they feel comfortable with it.

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Closing Ratio is the tracking of sales performance. It is calculated by the number of sales closed over the total number of sales presentations made in a given period of time.

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20%

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