Inventory turnover is 8 times stock at the beginning is 2

Assignment Help Finance Basics
Reference no: EM13567568

Rs 3,00,000 is the Cost of Goods Sold. Inventory Turnover is 8 times. Stock at the beginning is 2 times more than the stock at the end. Calculate the value of opening and closing stock.

Reference no: EM13567568

Questions Cloud

Enumerate the important role of some profitability ratio : enumerate the important role of some profitability ratio. explain how they are helpful in determining the profit
Holding all other variables constant which of the : holding all other variables constant which of the following could cause a firms current ratio to decrease from 3.0 to
The lease require annual payments of 20000 for twenty years : the lease require annual payments of 20000 for twenty years beginning on december 31 2004. the interest rate on the
Write a module case study applying the hfacs once again go : write a module case study applying the hfacs once again go to the ntsb web site and select one aviation accident report
Inventory turnover is 8 times stock at the beginning is 2 : rs 300000 is the cost of goods sold. inventory turnover is 8 times. stock at the beginning is 2 times more than the
Abc company sold the rights to use one of their patented : abc company sold the rights to use one of their patented processes that will result in them receiving cash payments of
Heavy load inc has sales of 3450000 total assets of 1240000 : heavy load inc. has sales of 3450000 total assets of 1240000 and total liabilities of 275000 which consist strictly of
Michaels plumbing company has the following transactions : michaels plumbing company has the following transactions for the year a. december 1nbsp issued capital stock for 50000
Coal provides much of our energy today and it is : scope coal provides much of our energy today and it is unreasonable right now to think we should stop using coal for

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd