HP India Financial Analyst Interview Questions and Answers

Apple case study on financial statements

Q1. Basic accounting questions
Add your answer

Q1. Manager round about skills
Add your answer

Q1. What is formula of inventory turnover ratio
Ans. 
Inventory turnover ratio formula is Cost of Goods Sold divided by Average Inventory.
• Inventory turnover ratio measures how quickly a company sells its inventory.

• It indicates the efficiency of a company's inventory management.

• A higher ratio is better as it means the company is selling its inventory quickly.

• Formula: Inventory turnover ratio = Cost of Goods Sold / Average Inventory

• Example: If a company has a COGS of $500,0...read more
Answered by AI
Add your answer
Q2. Question from past company like explain aufit process
Add your answer