Multiple Choice
Determine stock turnover ratio if, Opening stock is Rs 31,000 , Closing stock is Rs 29,000, Sales is Rs 3,20,000 & Gross profit ratio is 25% on sales.
A) 31 times
B) 11 times
C) 8 times
D) 32 times
Correct Answer:
Verified
Correct Answer:
Verified
Q13: Proprietary ratio is a<br>A)short-term solvency ratio.<br>B)long-term solvency
Q14: The ratio shows the preference dividend as
Q15: Return on equity is also called<br>A)return on
Q16: Inventory or stock turnover ratio is also
Q17: The ratio which measures the profit in
Q19: Turnover ratio is also known as .<br>A)activity
Q20: The dividend is related to the market
Q21: Fixed assets turnover ratio is a<br>A)short-term solvency
Q22: Current ratio is a<br>A)short-term solvency ratio.<br>B)long-term solvency
Q23: Stock turnover ratio is a .<br>A)turnover ratio.<br>B)profitability