Trending Risk Analytics Discussions

Follow

Ask the Community


Ask any professional question and get answers from other specialists.

Stream language
Hidayatullah  Haider's image
Question added by Hidayatullah Haider Cleaner, Housekeeping, Window cleaner, Flour watering Ahmad Fast Food, Kabul Dubai Asma Saloon, Anar
2 months ago
Answers:
0
Followers:
Views:
0
Vote Count:
0
Answer should contain a minimum of 25 characters.
ahmed aldhurafi's image
Question added by ahmed aldhurafi مراجع داخلي ومراقب مالي شركة تأمين
9 years ago

Sales=1,000,000, Gross Profit=200,000 & Inventory= 400000‎

Then Inventory turnover is: *2.5 *2 *1/2 *1‎

Answers:
2
Followers:
Views:
138
Vote Count:
0
Answer should contain a minimum of 25 characters.
Nader Kaderi's image
Question added by Nader Kaderi IT Support Specialist RHU
10 years ago
Answers:
1
Followers:
Views:
159
Vote Count:
0
Answer should contain a minimum of 25 characters.
Godfrey Chikowore's image
Question added by Godfrey Chikowore Senior Research Fellow / Senior Lecturer Midlands State University
4 years ago
Answers:
1
Followers:
Views:
1
Vote Count:
0
Answer should contain a minimum of 25 characters.
mukkur srinivasan varadhan's image  
Answer added by  mukkur srinivasan varadhan, Chartered Accountant, Chartered Accountant in practice
10 years ago

I can say any Oracle-based software.  I am not much conversant with analytic softwares.

Godfrey Chikowore's image  
Answer added by  Godfrey Chikowore, Senior Research Fellow / Senior Lecturer, Midlands State University
4 years ago

In any business undertaking anyone coming forward should be regarded (even if they were 1000 each one equally so matters) the only unique opportunity and a blessing not t ... See More

Alsayed Mamdouh's image  
Answer added by  Alsayed Mamdouh, Senior Accountant, Hujra Group For Hotels And Resorts Maintenance & Operations
8 years ago

 asume  begening  inventory  zero  CGS/ average inventory  ((beg inventory +ending inventory)/2) 800000 / 200000 =  4 or else  beg inv  was  400000  CGS /average inv  =  ... See More

Hamza Mohamed Shokry Hamza Elkalaf's image  
Answer added by  Hamza Mohamed Shokry Hamza Elkalaf, Internal Audit manager, Dlala Brokerage and investment company
8 years ago

inventory turnover equals the cost of goods sold or net sales divided by the average inventory and the answer is2