Inventory turnover in days = Days during the period ÷………………..

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
• Inventory or stock turnover ratio is also called .
• …………..budget is designed to remain unchanged irrespective of the volume of output or turnover attained.
• Stock turnover ratio is a .
• Fixed assets turnover ratio is a
• . Turnover ratio is also known as .
• Debtors turnover ratio is also called .
• Creditors turnover ratio is also called .
• Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.