Larsen & Toubro Limited Articleship Assistant Interview Questions and Answers

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Q1. What is stock turnover
Ans. 
Stock turnover is a financial ratio that measures how many times a company's inventory is sold and replaced over a period of time.
• Stock turnover is calculated by dividing the cost of goods sold by the average inventory for a specific period.

• A high stock turnover ratio indicates efficient inventory management, while a low ratio may suggest overstocking or slow sales.

• For example, if a company has a cost of goods sold of ...read more
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