The ratio which measures the relationship between the cost of goods sold and the amount of average inventory is

Related MCQs

• Inventory turnover ratio = Cost of …………………..during the period ÷ Cost of average inventory held during the period.
• Inventory turnover ratio = Cost of inventory consumed during theperiod ÷ Cost of ....................................................held during the period
• ………is a technique of material cost control which leads to low carrying cost as a result of low investment in inventory
• The ratio establishes the relationship between profit before interest and tax and fixed interest charges is.
• Which ratio is calculated to ascertain the efficiency of inventory management in terms of capital investment?
• Fixed cost Rs. 2,00,000; Sales Rs. 8,00,000; P/V Ratio 30%; the amount of' profit is .
• Inventory or stock turnover ratio is also called .
• Sales Rs. 25,000; Variable cost Rs. 15,000; Fixed cost Rs .4,000; P/V Ratio is .
• Which of the following measures helps to increase the P/V Ratio ?
• The ratio which measures the profit in relation to capital employed is known as