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What is the average accounts payable turnover ratio?

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What is the inventory turnover ratio?

Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory and Average Inventory = ( Beginning Inventory + Ending Inventory ) / 2


What is the Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables


What is Receivables Turnover Ratio?

The Receivables turnover ratio is used to measure the number of times on an average; the receivables are collected during a particular timeframe. A good receivables turnover ratio implies that the company is able to efficiently collect its receivables.Formula:RTR = Net Credit Sales / Average Net Receivables


How do you calculate stock turnover ratio?

stock turnover ratio= cost of goods sold divided by stock or you can say it like... net sales / average inventory


What is turnover?

AnswerRevenueemployee turnover: the ratio of the number of workers that had to be replaced in a given time period to the average number of workers


How calculate accounts receivable turnover ratio?

the formula of calculating account receivable turnover = Net Sales/ average gross receivable


What is finished goods turnover ratio?

turnover ratio +


Stock turnover ratio?

Cost of goods sold/Average Stock * 100


The cost of good sold by afirms was 20000 it maks a gross profit of 20 percent on saleif inventory at the beginning of the year was 4500 and the ending was 5500 what is inventory turnover ratio?

inventory turnover ratio==cogs/average inventory average inventory=opening inventory + closing inventory/2 average inventory =4500+5500/2 =5000 inventory turnover ratio = 20000/5000 = 4


What is the meaning of labor turnover?

Labor turnover is the ratio of the number of workers replaced to the average number of workers employed during a given time period.


If the average number of days sales in merchandise inventory is 40 days the merchandise turnover ration is?

Merchandise turnover ratio = 360 / 40 = 9 times