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In Inventory Turnover calculation, what is taken in the numerator?

<p><strong>(a) Sales,</strong></p> <p><strong>(b)Cost of Goods Sold,</strong></p> <p><strong>(c)Opening Stock,</strong></p> <p><strong>(d) Closing Stock.</strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/15
MALIIK SOHAIL ABBAS
by MALIIK SOHAIL ABBAS , ACCOUNTS MANAGER , AL RAWDAH GREEN SWEET WATER

IN MY OPION b) COST OF GOODS SOLD

Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

B

Dasarathi Rath
by Dasarathi Rath , Sr. Accountant , Al Luban Special Investment LLC

B.Cost of good sold...

Raffy Lagua
by Raffy Lagua , Stock Control Supervisory/Data Entry , Coffee Day Company Limited

B

Ahmed Masqati
by Ahmed Masqati , Accountant - AR & AP , Arrow Juice Factory for Manufacturing & Prodution Ltd.

B

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

ANSWER IS B 

Mohammed Rahmathullah Khan
by Mohammed Rahmathullah Khan , Help Desk Operator , Engie Solutions Middle East

Cost of Goods sold

Almutaz Bakry Sidahmed
by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate

COGS answer (b) is correct.

Deleted user
by Deleted user

Answer B is correct

Abdallah Abu Zeyad CMA
by Abdallah Abu Zeyad CMA , Finance Account Manager , Toyota - Abdul Latif Jameel Motors - KSA

COGS

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Answer correct answer B

 

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